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Companies in the consumer goods and retail industry are adopting Artificial Intelligence in their business operations – from client marketing, to human resources, to supply chain management– to boost efficiencies and reduce operational costs. Though sustainability may not always be the initial driver, an organization’s overall sustainability efforts vastly benefit from the efficiencies brought about by AI. While AI brings about a myriad of benefits, it is prudent for companies to be aware of its associated risks.

In the fifth episode of the series, partner Eva-Maria Strobel and senior associate Tiffany Conley from our IP and data and technology practice discuss green trademarks in green innovation, the options for protection, and the challenges of green trademarks registration. They examine the issues surrounding the revocation of registered trademarks, and highlight the trends and developments from both a European and Asia Pacific lens.

In the fourth episode of the series, partner Nathalie Marchand from our Paris office is joined by special counsel Grace Wong from our Hong Kong office to explore differing collaboration trends and entities in green innovation, considerations regarding green innovation agreements, protection of confidentiality of green innovations and tips in navigating potential termination of the collaboration.

The metaverse concept is going mainstream and is creating opportunities for companies to scale and diversify their businesses. In this episode of TMT Talk, Teresa Michaud, Ashlin Perumall, and Francis Donnat discuss what made metaverses into one of the biggest trending tech topics and what relevant legal aspects should businesses be aware of as they continue to evolve and become accessible to an audience beyond the gaming industry.

In the third episode of the series, Mackenzie Martin, partner in our IP and Technology practice in Texas, and Tanvi Shah, senior associate in IP and Technology in London, discuss the role of patents, trade secrets, and plant variety rights in green innovation — and in particular, how they incentivize and promote technological development in the consumer goods and retail industry.

As organizations settle into more flexible working arrangements in the wake of the pandemic, we are seeing a wave of changes in Inclusion, Diversity & Equity-related legislation. Across the globe, governments are seeking to augment long-established, generic laws on equality to promote inclusion and diversity in the workforce and keep up with measures that many organizations are already implementing. In this update, we summarize recent trends and developments in I,D&E, focusing in particular on those relating to women in the workplace and work-life balance.

The Australian Securities and Investments Commission has, again, extended the transitional relief period for Foreign Financial Services Providers for a further 12 months to 31 March 2024, through the introduction of the ASIC Corporations (Amendment) Instrument 2022/623 on 28 July 2022. ASIC has stated the Amendment Instrument was introduced to provide certainty for the industry given the lapsing of the Treasury Laws Amendment (Streamlining and Improving Economic Outcomes for Australians) Bill 2022.

Consumers are demanding more from their brands and increasingly basing their purchasing decisions on the sustainability of products and companies. In response to this, the Baker McKenzie Consumer Goods & Retail industry group has produced the “CG&R and Sustainability Video Chat Series” in which experts provide short, practical insights into some of the legal considerations that companies need to keep in mind when undertaking green innovation. In the second episode of the series, Julia Hemmings, a Partner in the Digital Commerce, Advertising & Marketing practice in London, and Rebecca Lederhouse, a Counsel in IP and Technology based in the Chicago office, discuss the role of marketing in green innovation and the increasing regulatory scrutiny around green claims in advertising.

Welcome to the June edition of this publication that includes a variety of legal and market focused articles on current topics of interest in the world of trade finance.
In this issue, we feature:
• Trade finance and the efforts to boost intra-African trade
• Developments in the digitization of trade in Singapore
• Lombard North Central Plc v European Skyjets Ltd
• Baker McKenzie partners with the LMA
• Sanctions & Export Control Update

On 26 June 2022, US President Joe Biden together with G7 officially launched the Partnership for Global Infrastructure and Investment (PGII). G7 leaders pledged to raise USD 600 billion in private and public funds over five years to finance the required infrastructure in developing countries.
Based on the initial information available, the scope of the PGII is wide and includes tackling the climate crisis, bolstering global energy security, developing clean energy supply chains, strengthening cybersecurity and further developing digital and health infrastructure. It also focuses on gender equality and equity.