News & Analysis as of

Data Collection Climate Change

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

National Water Availability: U.S. Geological Survey Releases Assessment

The United States Geological Survey (“USGS”) released on January 16th a document titled: The National Water Availability Assessment (“Assessment”)....more

Farella Braun + Martel LLP

California Air Resources Board (CARB) Issues Notice of Its Enforcement Standards for 2026 Climate Reporting Under SB 253

On December 5, 2024, CARB issued an Enforcement Notice discussing its enforcement standards for 2026 climate reporting under SB 253, and recognizing that “companies may need some lead time to implement new data collection...more

Mintz

California States It Will Exercise "Enforcement Discretion" for First Year of Climate Disclosures If Companies Act in Good Faith

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2 On December 5, 2024, the California Air Resources Board--the agency responsible for implementing California's climate disclosure regulations--announced that it would “exercise enforcement discretion for the first reporting...more

J.S. Held

Crosscurrents: Harmonizing Global Sustainability Reporting & IFRS and ESRS Interoperability Guide

J.S. Held on

Introduction: Advancing Global Sustainability Reporting Standards - To improve the alignment of sustainability reporting standards globally, the International Financial Reporting Standards Foundation (IFRS) and European...more

NAVEX

The Vast World of ESG: How the EU is Leading Global Sustainability Trends

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In today’s interconnected global regulatory landscape, Environmental, Social, and Governance (ESG) factors are  for organizations worldwide. While the European Union (EU) has always been a trailblazer in this arena, it is...more

Cooley LLP

What ESG backlash? KPMG survey finds companies plan to increase spending on ESG

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ESG backlash notwithstanding, a recent global survey conducted by KPMG of 550 company directors and members of management showed that the vast majority of global organizations plan to increase spending on sustainability...more

NAVEX

SEC Rule or Not, Keep Your Eye on the Climate Change Ball

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The U.S. Securities and Exchange Commission recently announced that its long-awaited greenhouse gas disclosure rule will be delayed yet again, most likely until April 2024. This raises an important question for compliance and...more

ArentFox Schiff

Environmental Justice Update: Three Takeaways from Chicago’s Cumulative Impact Assessment

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State and local governments have weighed in at increasing frequency in past years. While some environmental issues are global in scope, local governments are progressively engaged on issues affecting climate, waste disposal,...more

Jones Day

Maryland to Propose Building Energy Performance Standards

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The Maryland Department of the Environment ("MDE") will publish proposed rules limiting greenhouse gas ("GHG") emissions from covered buildings and requiring covered building owners to submit detailed energy performance...more

Eversheds Sutherland (US) LLP

Federal Insurance Office announces plans for “first of its kind” climate data call on homeowners’ insurance

On November 1, 2023 the Department of the Treasury’s Federal Insurance Office (FIO) formally submitted a request to proceed with a climate-related financial risk data collection for homeowners’ multi-peril underwriting data...more

Holland & Knight LLP

Agency Guidelines Confirm That Climate-Related Financial Risk Is Real

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The U.S. Department of the Treasury's Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board) and the Federal Deposit Insurance Corp. (FDIC) (collectively, the Agencies) on...more

Williams Mullen

Environmental Justice 2.0

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Environmental Justice (“EJ”) is defined by EPA as “the fair treatment and meaningful involvement of all people regardless of race, color, national origin, or income, with respect to the development, implementation, and...more

Holland & Knight LLP

Federal Reserve Vice Chair Addresses Climate-Related Financial Risks

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Federal Reserve Board (FRB) Vice Chair for Supervision Randal K. Quarles, who also is chair of the Financial Stability Board (FSB), gave a speech on July 11, 2021, to the Venice International Conference on Climate Change,...more

Morrison & Foerster LLP

EU Taxonomy Regulation: What To expect

Our previous Client Alert of 10 March 2021 discussed the Sustainable Finance Disclosure Regulation (SFDR) and its implications for the real economy. This Client Alert reviews how EU Regulation 2020/852 on the...more

Cozen O'Connor

University Of Phoenix’s Wings Clipped With $191 Million Settlement Over Allegedly Deceptive Marketing

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For-Profit Colleges- University of Phoenix’s Wings Clipped with $191 Million Settlement Over Allegedly Deceptive Marketing- The Federal Trade Commission (“FTC”) reached a settlement with the University of Phoenix and its...more

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