The EU Commission's simplification drive continues following the finalisation of the Sustainability Omnibus Directive. Attention now turns to the reporting standards themselves, a critical piece of the puzzle for undertakings remaining in scope of the Corporate Sustainability Reporting Directive ("CSRD") to understand what will be required of them from the next financial year (in most cases). The Commission is also looking to finalise revised voluntary reporting standards for companies not in scope of CSRD, which is important not just for those companies that do wish to report voluntarily, but also for those in the value chains of reporters, as explained further below.  

The world of environmental product legislation is not immune to the regulatory uncertainty that has been a defining feature of the sustainability landscape over the past few years. While the direction of travel in the EU remains clear—towards greater digitalisation, harmonisation and circularity—the sheer volume and pace of legislative activity demands close attention from any business placing products on the European market.

Welcome to the April 2026 edition of Travers Smith's Quarterly Listed Company Update. This issue highlights the latest regulatory developments and guidance relevant to listed companies, as well as key trends and practical points for consideration in the coming months.

The recent High Court decision in California State Teachers' Retirement System & Ors v Boohoo Group plc [2026] EWHC 335 (Comm) underscores how questions of reliance, causation and case management may shape the future of securities claims against listed corporates accused of misleading the market. 

As we have previously examined, businesses face an increasingly complex regulatory landscape and heightened litigation risk on environmental, social, and governance (“ESG”) issues. One area at the forefront of this challenge is litigation related to per- and polyfluoroalkyl substances ("PFAS"), widely used synthetic chemicals under growing scrutiny for their environmental and health impacts.

A regular briefing for the alternative asset management industry. 

Our regular round-up of recent and forthcoming developments in law and practice for in-house counsel.

Welcome to the first edition of Travers Smith's Crisis Management and Investigations Circular, providing a bite-size round-up of recent developments in the world of crisis management and investigations.