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Green Transition: U.S.-EU Trade, ESG Compliance, and Future Prospects

Green Transition: U.S.-EU Trade, ESG Compliance, and Future Prospects

Green Transition_675

The New York State Bar Association International Section and the Milan Bar Association (Ordine degli Avvocati di Milano) are glad to jointly organize this webinar on Green Transition: U.S.-EU Trade, ESG Compliance, and Future Prospects. This program is also co-sponsored by the ESG Committee of the NYSBA Business Law Section and the NYSBA Environmental and Energy Law Section.

Date and Time

  • Tuesday, September 24, 2024
  • 15:00 – 18:00 CET (Milan Time) / 9:00 a.m. – 12:00 p.m. ET (NY Time)

How to Register

Option 1 – Click the "Register" button and create a NYSBA account (if you don't have one yet).

Option 2 – Email Member Resource Center (MRC) at [email protected] or at 800-582-2452 / 518-463-3724.

Program Description

Join our webinar to explore whether the green transition will hinder US/EU free trade or break down mutual trade barriers. We'll discuss the impact on companies and how to prepare.

The failed Transatlantic Trade and Investment Partnership (TTIP) represented a bygone era of open markets. The absence of similar agreements between the US and EU has affected economic growth and inflation. Strengthening economic ties is crucial, especially amidst tensions with China and the green transition.

Green industrial policies can be a double-edged sword. While protectionist measures support domestic green tech development, they may also strain international trade relations.

In August 2022, the US enacted the Inflation Reduction Act (IRA), introducing the Clean Vehicle Credit, which subsidizes certain eco-friendly vehicles. Without a comprehensive US-EU free trade agreement, negotiations for a Critical Minerals Agreement (CMA) are underway to foster EU-US supply chains.

ESG considerations are reshaping supply chains, driven by regulatory developments, especially in the EU, and investor demand. The EU's new rules, like the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), present both challenges and opportunities. In the US, climate reporting requirements vary by state, with some opposing ESG policies.

This webinar will address the evolving trade negotiations, the future of trade and investments, and the development of ESG and climate disclosure policies in both regions. Panelists will discuss cross-border trade issues and green industrial policies.

Agenda

TIME
PROGRAM

09:00 – 09:10 ET

15:00 – 15:10 CET

Welcome Remarks

  • Domenick Napoletano, President of the New York State Bar Association
  • Francesca Maria Zanasi, Chair of the Foreign Affairs Committee of the Milan Bar Ass. and Vice-President of the Milan Bar Association
  • Carlos Ramos-Mrosovsky, Chair of the International Section of the New York State Bar Association

09:10 – 09:30 ET

15:10 – 15:30 CET

Topic 1: The current status of Italian and US trade and investment relations with a particular focus on the green transition. What to expect in the near future.

Speakers:

  • Caroline Chung, Consul for Commercial Affairs, U.S. Department of Commerce | International Trade Administration, American Consulate General, Milan, Italy
  • Fabrizio Di Michele, Italian General Counsel in New York

09:30 – 09:50 ET

15:30 – 15:50 CET

Topic 2: The Critical Minerals Agreement (CMA) negotiation between US and EU. An occasion to reflect on   free trade agreements and how to foster more broadly US and EU economic relationship in the face of the challenging world scenario.

Speaker: Riccardo Perissich, Former EU Senior Official /C-Level Executive. European Commission

09:50 – 10:50 ET            

15:50 – 16:50 CET 

Topic 3: The ESG regulation framework in the US and the EU. Where have we been and where are we headed?   How will EU and certain US state requirements fit together? Convergences and divergences.

Speakers:

  • Prof. Angelica Bonfanti, Università Statale of Milan 
  • Avv.  Marilena Bucci,Rechtsanwalt 
  • Nilmini Silva-Send University of San Diego School of Law
  • Andrew Otis, Kramer Levin New York

Moderator:
Avv. Salvatore Domenico Zannino, International relations committee Milan Bar, Deputy-President Italian International Lawyers ass.

10:50 – 11.50  ET

16:50 – 17:50 CET

Round Table Discussion: 
– The ESG factor is reshaping the supply chains in US and in Italy.
– The ESG due diligence is ineludibly part of the lawyers work in M&A transactions as well as in their daily compliance activity.
– Witnesses from the corporate trenches

Speakers:

  • Michele Ius , Head of Contracts, Danieli S.p.a.
  • Linda Kleftodimou Smith, Head of ESG Compliance, Nuveen and Co-Chair, ESG Committee of the Business Law Section, NYSBA 
  • Alice Vanni, CSR Director, Member of the Board of Directors, Italpreziosi SPA

Moderator:
Marco Amorese,  New York registered attorney, NYSBA chair for Italy

11:50 – 12.00  ET

17:50 – 18:00 CET

Q&A

Closing Remarks

  • Avv. Salvatore Domenico Zannino, International Relations Committee Milan Bar; Deputy-President Italian International Lawyers Association
  • Senator Roberto Cociancich, International Relations Committee Manager, Milan Bar Association


THANK YOU TO OUR ORGANIZERS

Start Date:
  • September 24, 2024
Start Time:
  • 9:00 AM
End Time:
  • 12:00 PM
Region:
  • Virtual Participation
Format:
  • Webinar
Product Code:
  • INT92424
Section Member Price: Free
Non-Member Price: Free
Sponsoring Committee Group
  • International Section
  • Italy