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Climate Change Disclosure

Wilson Sonsini Goodrich & Rosati

Sustainability and ESG Advisory Practice Update, July 2024

We are pleased to share the July 2024 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

Stoel Rives - Environmental Law Blog

The New SEC Climate Disclosure Rule Will Drive Risk Mitigation and Value Creation

The U.S. Securities and Exchange Commission (SEC or Commission) finalized its climate change disclosure rule on March 6, 2024, reducing the final disclosure obligations from the initial proposal after thousands of comments...more

Wilson Sonsini Goodrich & Rosati

SEC Adopts Climate-Related Disclosure Rules

On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) adopted final rules requiring companies to provide certain climate-related information in their annual reports and registration statements. The SEC Fact...more

Goldberg Segalla

California Air Resources Board Receives Legal Challenge to the State’s New Climate Disclosure Laws

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Last week, the California Air Resources Board (CARB) was named as a defendant in a new U.S. District Court, Central District of California lawsuit challenging California’s two new climate disclosure and financial reporting...more

Sheppard Mullin Richter & Hampton LLP

California Climate Change Legislation, Policy and Regulation – 2023 in Review

As we enter 2024, we once again review the most significant legislation, policy changes and regulatory actions with respect to climate change taken by California in the past year. In contrast to 2022, which brought a revamp...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability Litigation Updates - January 2024

Federal Regulatory Developments - In a recent filing with the Office of Management and Budget, the Securities & Exchange Commission disclosed that the vote by the SEC Commissioners as to whether to issue the SEC’s...more

Jenner & Block

An Analysis of California's Landmark Climate Disclosure Laws

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California recently enacted two landmark climate disclosure laws that will require companies doing business in the State above specified revenue thresholds to report their Scope 1-3 greenhouse gas (“GHG”) emissions and...more

Wilson Sonsini Goodrich & Rosati

Reminder: Compliance with AB 1305 Is Required by January 1, 2024

As the new year approaches, many companies will need to make sure that their websites include disclosure by January 1, 2024, that complies with California Assembly Bill No. 1305 (AB 1305). AB 1305 is the only law among the...more

Bass, Berry & Sims PLC

California Legislature Passes Significant Climate Disclosure Bills With Potential Broad Scope

Bass, Berry & Sims PLC on

Over the weekend, California Governor Gavin Newsom signed into law two major climate-related disclosure bills, Senate Bill 253: Climate Corporate Data Accountability Act (SB 253) and Senate Bill 261: Greenhouse Gases:...more

Society of Corporate Compliance and Ethics...

Let’s call it what it is

Sometimes I think we need fewer terms to describe the same or similar things. In the environmental, social, and governance (ESG) world, much is made—rightfully so—of greenwashing, which occurs when an organization makes false...more

Allen Matkins

California Environmental Law & Policy Update - 7.07.23

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The California Air Resources Board (CARB) and the Truck and Engine Manufacturers Association said on Thursday that they had reached an agreement, referred to as the "Clean Truck Partnership," that gives new flexibility for...more

White & Case LLP

Proxy Advisory Firms Issue 2023 Voting Guidelines

White & Case LLP on

Institutional Shareholder Services ("ISS") and Glass Lewis & Co. LLC ("Glass Lewis"), the two major proxy advisory firms, recently issued their updated proxy voting guidelines for the 2023 proxy season. These policy updates...more

Skadden, Arps, Slate, Meagher & Flom LLP

ESG Momentum Remains Strong but May Face Headwinds in 2023

As companies grapple with the business challenges that rising interest rates and an uncertain economic outlook present, there are the inevitable questions about whether companies should worry less about environmental, social...more

White & Case LLP

Sustainable finance: The road so far and a look ahead

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ESG, sustainability, climate change adaptation and mitigation, social impact investing and related themes have become ubiquitous concepts that seem to be top of mind for every board director, financier and investor. While...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Enforcement and Standardization of Climate-Related Disclosures for Investors/Securities and Exchange Commission Proposed Rule:...

The National Waste & Recycling Association (“NWRA”) submitted comments to the United States Securities and Exchange Commission (“SEC”) addressing its proposed rule titled: Enhancement and Standardization of...more

Fox Rothschild LLP

Under the SEC Proposed Rule on Climate Disclosures, PFCs are Perfluorocarbons, not Perfluorinated Chemicals

Fox Rothschild LLP on

The Securities and Exchange Commission (SEC)’s much-anticipated and ground-breaking proposed rule for the disclosure of climate-related risks, “The Enhancement and Standardization of Climate-Related Disclosures for Investors”...more

Foley Hoag LLP - State AG Insights

Losses Continue to Mount For ExxonMobil in its Fight to Prevent State Attorney General Climate Investigations

On March 15, 2020, the Second Circuit rejected an appeal brought by ExxonMobil attempting to block investigations by the New York and Massachusetts Attorneys General into historical claims made by Exxon regarding climate...more

Perkins Coie

Preparing for the 2022 Public Company Reporting Season

Perkins Coie on

During 2021, the U.S. Securities and Exchange Commission (SEC) adopted rule changes and provided public companies with useful guidance on various topics. In December, Institutional Shareholder Services (ISS) released its...more

White & Case LLP

ISS and Glass Lewis Issue 2022 Updates: Top Six Key Policy Changes and Take-Aways

White & Case LLP on

In the past few weeks, both major proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. LLC ("Glass Lewis"), have issued their updated proxy voting guidelines for the 2022 proxy season. These...more

Perkins Coie

COP26: Corporate Impacts and Opportunities

Perkins Coie on

The 26th United Nations Climate Change Conference of the Parties (COP26), wrapped up earlier this month in Glasgow, Scotland, after two weeks of negotiations. While attention was focused on national pledges to reduce...more

Cozen O'Connor

Republican Attorneys General Urge SEC To Refrain From Requiring Additional Climate Change Disclosures

Cozen O'Connor on

A group of 16 Republican AGs, led by West Virginia AG Patrick Morrisey, sent a comment letter to the U.S. Securities and Exchange Commission (“SEC”) in response to the SEC’s call for input from the public about updating its...more

Wiley Rein LLP

Climate Risk and Disclosure: Does Your Company Have a Climate Hub?

Wiley Rein LLP on

The last two weeks have brought with them a number of important climate-related announcements directed toward the financial markets. For example, the $2.2 trillion American Jobs Plan includes sizable investments in renewable...more

Foley Hoag LLP - White Collar Law &...

SEC on ESG Risk Disclosure – Moving From “If” to “How”

This is the fifth in our First 100 Days series examining important trends in white collar law and investigations in the early days of the Biden administration. Our previous entry discussed investigations under the new...more

Akin Gump Strauss Hauer & Feld LLP

[Podcast] An ESG Roadmap for Business

In this episode, Akin Gump’s Amy Kennedy and Stacey Mitchell, two of the firm’s ESG group co-heads, walk listeners through environmental, social and governance considerations for business. Among the topics covered: - U.S....more

Faegre Drinker Biddle & Reath LLP

New SEC Enforcement Task Force Targets Environmental, Social, and Governance Issues

As political leaders continue to debate how to address climate change, the SEC is poised to take (enforcement) action. In the latest example of how the Biden Administration is influencing the priorities the SEC, the agency...more

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