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Environmental Policies Financial Institutions

Adler Pollock & Sheehan P.C.

2024 Rhode Island Legislative Session Report

The Rhode Island General Assembly adjourned sine die on Friday, bringing the 2024 legislative session to a close. Below is an overview of noteworthy legislation passed during the session....more

A&O Shearman

10 lessons in sustainability regulation

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Creating an effective regulatory framework will be critical to deliver Net Zero. But does that mean more – or less – regulation? From trade agreements to taxonomies, carbon adjustment mechanisms to corporate sustainability...more

Mayer Brown

Europe Daily News, 16 February 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11317 - OEP Hitch / EMC / CBM) - Prior notification of a concentration (Case M.11385 Permira / Blackstone / Adevinta)...more

Jones Day

U.S. Treasury Publishes Principles for Net-Zero Financing and Investment by Financial Institutions

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The September 2023 publication by the U.S. Treasury Department of its Principles for Net-Zero Financing and Investment ("Principles") marks the first time a major U.S. government agency has provided guidance to the financial...more

Cadwalader, Wickersham & Taft LLP

U.S. Treasury Unveils Principles to Guide Financial Institutions’ Net-Zero Commitments

On September 19, 2023, the U.S. Treasury Department introduced nine guiding principles for private sector financial institutions that have made net-zero commitments. The principles are intended to highlight and encourage the...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

A&O Shearman

Decarbonisation disputes: the evolving frontier of climate-related risk

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The Net Zero transition will not be smooth. The scale of the investment required and the appetite and ability of countries to implement new policy – both now and in the years to come – will cause unprecedented disruption and...more

Latham & Watkins LLP

GFANZ Issues Guidance on Net Zero Plans for Financial Institutions

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The Final Report recommends five themes that financial institutions should incorporate into their net zero transition strategies. On 1 November 2022, the Glasgow Financial Alliance for Net Zero (GFANZ) issued its Final...more

Latham & Watkins LLP

European Parliament Adopts Position on Deforestation Regulation

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The adopted position would mean that financial institutions fall under the remit of the regulation, requiring them to conduct additional due diligence on both established and new customers. On 13 September 2022, the...more

Robins Kaplan LLP

Fed Chair Primes Wall Street for Aggressive Rate Hikes in 2022

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Back at it. Let’s dive right in. Fed Chair Powell Jay Powell went on the record to start the week with an attempt to prepare markets for the central bank’s big moves ahead “in its quest to cool off demand and temper...more

Latham & Watkins LLP

Science Based Targets Initiative Sets 2022 Action Plan

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Market participants can expect the initiative’s proposals to offer guidance on setting targets for emissions reduction and decarbonisation. On 12 January 2021, the Science Based Targets initiative (SBTi) published its...more

McDermott Will & Emery

Insurance Industry Expected to Play Major Role in Addressing Climate Change Following COP26

McDermott Will & Emery on

The insurance industry was front and center before, during and after the first days of the United Nations’ (UN) climate change summit, Conference of the Parties (COP26), in Glasgow, Scotland, which concluded earlier this...more

Bennett Jones LLP

What Does the Glasgow Climate Pact Mean for Canada?

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Following two weeks of negotiations between delegates from 197 countries, on Friday, November 13, 2021, COP26 concluded in Glasgow, Scotland, culminating in the release of the final COP26 decision, now known as the Glasgow...more

Akin Gump Strauss Hauer & Feld LLP

Government and Private Sector Leaders Bring Focus on Biodiversity and Nature to COP26

As we previewed before the 26th meeting of the Conference of the Parties of the U.N. Framework Convention on Climate Change (COP26, or the “Conference”), ongoing international discussions have produced notable initiatives to...more

Hogan Lovells

COP26: Business gets serious about climate change

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As COP26 gets under way this week, it’s heartening to note that increasingly,corporates and investors are stepping forward to play their part in fighting climate change. If we are to keep a temperature rise of 1.5 degrees...more

Jones Day

Biden's Executive Order on Climate-Related Financial Risk: What's Next for Financial Institutions?

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President Biden issued an Executive Order asking the Secretary of the U.S. Department of the Treasury to work with the Financial Stability Oversight Council to assess risks that climate change poses to the financial system....more

Skadden, Arps, Slate, Meagher & Flom LLP

Insights Special Edition: Biden’s First 100 Days

While combatting the COVID-19 pandemic, the Biden administration also shifted the direction of policy in a number of legal and regulatory areas during its first 100 days. We examine the initiatives, executive orders, nominees...more

Foley & Lardner LLP

Reading the Leaves: What's in Store for Cannabis in 2021

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On the heels of a year beset by turmoil and the myriad challenges caused by the global pandemic, the cannabis industry nevertheless entered 2021 poised for significant growth amid a landscape teeming with opportunity. Public...more

White & Case LLP

Poseidon Principles Report Highlights Sustainability Reporting Focus in Global Marine Finance

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The Poseidon Principles Association, a group of major marine shipping banks, released its first Annual Disclosure Report in December 2020. This report discloses the "climate alignment score" of fifteen banks' ship finance...more

Latham & Watkins LLP

Key Regulatory Developments in Hong Kong and Singapore: June 2020

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Regulators seek to expand market connectivity for wealth management products and enhance financial institutions’ environmental risk management. This blog post summarises key regulatory developments in Hong Kong and...more

Latham & Watkins LLP

Equator Principles Update: EP4 and Projects in High-Income Countries

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The transition from EP3 to EP4, now postponed to October 1, 2020, will significantly impact projects in the United States and other high-income Designated Countries. The Equator Principles (EPs) were recently updated and...more

BCLP

EP4 – New Horizon for Environmental and Social Responsibility in Project Financing

BCLP on

The Equator Principles Association (“EPA”) recently released an updated draft of the Equator Principles (“EP4”) with the proposed revisions focusing on four areas: i) social impact and human rights; ii) climate change; ...more

White & Case LLP

Proposed Revisions to Equator Principles Released for Review

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The Equator Principles Association (EPA) has released the much-awaited draft text of Equator Principles 4 (EP4). Further consultation of the draft text will be coordinated by the EPA in July and August, and it is anticipated...more

Hogan Lovells

Equator Principles – Sustainable Infrastructure Projects for Future Generations

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The construction and further development of infrastructure is of crucial importance for society and a healthy economy. But protecting the environment and human rights has also come to the forefront of the global agenda. ...more

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

Managing Arkansas Environmental Issues in the Lending/Foreclosure Process: September 26th Arkansas Bankers Association...

I undertook a presentation at the September 26th Arkansas Bankers Association Mega Conference (“Conference”) in Little Rock, Arkansas titled: Managing Arkansas Environmental Issues in the Lending/Foreclosure Process...more

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