2022 will provide a practical demonstration of the appetite for ESG-led change that governments, major corporates and financial institutions all have, and how far this will feed into smaller businesses and everyday life.
COP26 in Glasgow resulted in a series of decisions and voluntary declarations that were actually towards the upper end of expectations. It also created a mechanism for States to return to COP27 in Cairo with improved national plans and rebooted the international carbon markets.
In this Outlook, we provide an overview of some of the key global ESG legal themes for 2022 and the trends we see around the world, including: