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Climate Change New Regulations

NAVEX

EU Regulations: The New Frontier for Business

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The European Union is a hotbed of regulatory activity, with new laws and directives constantly reshaping the business landscape. These changes can seem overwhelming, but understanding them is vital for any company operating...more

Jones Day

EU Corporate Sustainability Due Diligence Directive

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On April 24, 2024, the European Parliament voted to adopt the Corporate Sustainability Due Diligence Directive ("CS3D"). As described in a recent Jones Day Alert, this followed the Council of the European Union ("the...more

Jones Day

Vermont Law Requires Energy Companies to Pay for Climate Change Damage

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Vermont passed a first-of-its-kind law requiring energy companies to pay for part of the damages from extreme weather events, but the law likely will face legal challenges....more

Mintz

Environmental Groups Drop Challenge to SEC Climate Disclosure Rule

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When the SEC announced its mandatory climate disclosure rule on March 6, 2024, this regulation was immediately challenged by parties on both ends of the political spectrum. A number of states, fossil fuel companies, and...more

BCLP

The European Union Against Deforestation: the Companies Concerned Still Have 8 Months to Take Action

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On December 30, 2024, the European regulation of May 31, 2023 on deforestation will come into force in all EU countries. The aim of these new rules, which are designed to combat the phenomenon of imported deforestation, is to...more

Jenner & Block

Client Alert: Corporate Sustainability Due Diligence Directive: Five Key Questions Answered

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On April 24, 2024, the European Parliament approved the Corporate Sustainability Due Diligence Directive (CS3D). The directive, which must be formally endorsed by the Council of the European Union (EU) before officially...more

Skadden, Arps, Slate, Meagher & Flom LLP

Three Unfolding Cases Could Shape Future Energy Litigation, and Perhaps Business Practices

A stream of judicial decisions in the pipeline will have important implications for the energy industry. The three cases discussed below are among those that energy litigators and industry professionals are watching in 2024....more

Mayer Brown

Deforestation Regulation: Impacts of a Possible Delay in Risk Classification of Countries and Other Recent Developments

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On 9 June 2023, the European Union published Regulation (EU) 2023/1115 on the making available on the Union market and the export from the Union of certain commodities and products associated with deforestation and forest...more

J.S. Held

Crosscurrents—European Union Fails to Pass Corporate Sustainability Due Diligence Directive & SEC Bails on Scope 3 Requirements

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Introduction - With the adoption by 196 parties of the Paris Agreement in December 2015, legally binding international climate change arrived. The Paris Agreement requires increasingly aggressive five-year cycles climate...more

J.S. Held

2024 J.S. Held Global Risk Report: Weather and Natural Disasters

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The growing frequency and ferocity of major weather events and natural disasters have pushed the climate change discussion to the forefront of governments and businesses. Droughts, floods, wildfires, earthquakes, and volcanic...more

A&O Shearman

What UK readers could not get enough of in 2023 the top five blog posts revealed

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2023 saw a raft of UK law reforms concerning economic crime and continued scrutiny of business risk concerning human rights and greenwashing. This is reflected in the blogs our subscribers were most interested in reading in...more

Mintz

A Mintz ESG Primer: The Current State of Environmental, Social, and Governance Matters in American Corporations

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The Mintz Environmental, Social, and Governance (ESG) Working Group developed this ESG primer to provide an overview of the current state of affairs in the United States with respect to the ESG issues that businesses...more

BakerHostetler

New Regulations and Standards Look to Clean Up the Voluntary Carbon Market and Fight Greenwashing

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As businesses across the globe strive to fulfill carbon-neutral and net-zero promises over the coming decades, the voluntary carbon market has emerged as a necessary resource to help businesses bridge the gap to...more

A&O Shearman

Pensions: what's new this week - 9 October 2023

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Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover the following topics : DWP General Levy...more

A&O Shearman

EU carbon border adjustment mechanism – the transitional phase has begun: Are you ready?

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The EU Regulation establishing a carbon border adjustment mechanism (CBAM) is designed to drive businesses to achieve a true global reduction in greenhouse gas (GHG) emissions instead of relocating carbon-intensive production...more

Foley Hoag LLP - Environmental Law

Boston Bans Fossil Fuels in New and Renovated City Buildings

On July 31, 2023, Boston Mayor Michelle Wu signed an executive order ending the use of fossil fuels in new construction and major renovations of city-owned buildings. Although city buildings comprise a small percentage of...more

A&O Shearman

ACRA and SGX RegCo Consult on Climate-Related Disclosure

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ACRA and SGX RegCo are consulting on recommendations for climate-related disclosure reporting for Singapore companies. The recommendations cover both listed and large non-listed companies. The requirement will be rolled out...more

Akin Gump Strauss Hauer & Feld LLP

European Parliament Approves CBAM, ETS Revision and Deforestation Rules

With 487 votes in favor to 81 against and 75 abstentions, the European Parliament voted yesterday to adopt a regulation on a Carbon Border Adjustment Mechanism (CBAM). Negotiators for the Parliament and the Council of the...more

Troutman Pepper

Iowa AG Joins 21-State Letter Against New DOE Gas Stove Regulations

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On April 3, Iowa Attorney General Brenna Bird (R) announced her participation in a 21-state letter, opposing new Department of Energy (DOE) gas stove regulations that the states claimed would prohibit the sale of more than...more

Cadwalader, Wickersham & Taft LLP

ISSB Announces First Two Sustainability Disclosure Standards to Come Into Force from January 2024

Following strong demand from investors for a timeline, the International Sustainability Standards Board (ISSB) has confirmed that draft IFRS S1 (General Requirements for Disclosure of Sustainability-Related Financial...more

King & Spalding

ESG and Securities Litigation

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Recent Trends Show Increased Focus on Allegations of "Greenwashing" Over the past few years, regulators, businesses, and the market in general have become increasingly focused on environmental, social, and governance (“ESG”)...more

Perkins Coie

Washington State Implements Major Programs To Reach Climate Goals

Perkins Coie on

Two climate-related regulatory programs affecting business and industry in Washington state took effect on January 1, 2023. First, the Climate Commitment Act introduces an economywide emissions cap-and-invest program. Second,...more

Sheppard Mullin Richter & Hampton LLP

2022 in Review – California Climate Change Policy and Legislation

With 2022 having just come to an end, we wanted to take the opportunity to spotlight some of the most impactful legislative and regulatory actions taken in California to meet the state’s goal of being a global leader in the...more

Cadwalader, Wickersham & Taft LLP

Regulation: EU Adopts Legislation to Tackle Deforestation

Earlier this month, the European Commission announced a provisional agreement between the European Parliament and the Council of the European Union on regulation pertaining to deforestation-free supply chains. In a questions...more

Health Care Compliance Association (HCCA)

Compliance Today - December 2022. Intersection of ESG, health equity, and 501(r) compliance

Compliance Today - December 2022 - We are at a critical moment of change when it comes to truly addressing health inequities in this country. With the intersection of environmental, social, and governance (ESG) reporting and...more

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