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Disclosure Requirements Climate Action Plan Environmental Social & Governance (ESG)

Akin Gump Strauss Hauer & Feld LLP

SEC Seeks to Pause Litigation Over Climate Disclosure Rule

Earlier this week, Mark Uyeda, the Acting Chairman of the U.S. Securities and Exchange Commission (SEC), began the process of unwinding that agency’s final climate disclosure rule enacted during the Biden administration. In a...more

White & Case LLP

FTSE 350: Snapshot of AGM Key Trends – November 2024 Update

White & Case LLP on

We have gathered and examined data from AGM Notices published by FTSE 350 companies until November 2024. We have set out the approach companies have taken on a number of key aspects of their meetings, including the venues of...more

Paul Hastings LLP

Court Rules in California Climate Disclosure Case: Laws Remain in Flux

Paul Hastings LLP on

A year after California enacted some of the nation’s most sweeping climate disclosure laws, a United States District Court issued an important ruling related to one of several challenges to these laws. The district court...more

Troutman Pepper Locke

California Law Highlights the Need to Prepare for Climate Disclosures

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The march toward mandated corporate disclosures for climate-related risks continues. Despite significant pushback and substantial legal challenges, state legislatures and regulators are continuing to advance laws and rules...more

Jones Day

Mandatory Climate Disclosure Laws to Take Effect in Australia

Jones Day on

Australia has now officially passed laws that will introduce a mandatory climate-related financial disclosure regime from 1 January 2025. This is one of the most significant reforms to corporate financial reporting in...more

Hinckley Allen

Every Business Should Pay Attention to Climate-Related Disclosure Rules: Here’s Why

Hinckley Allen on

On March 6, 2024, the Securities and Exchange Commission (SEC) released final rules regarding the Enhancement and Standardization of Climate-Related Disclosures for Investors (the Final Rules). We provided an overview of the...more

Jenner & Block

Client Alert: SEC Adopts Final Rules for Climate-Related Disclosures as Controversy and Challenges Loom

Jenner & Block on

On March 6, 2024, the Securities and Exchange Commission (“SEC”) issued an adopting release (Release Nos. 33-11275 and 34-99678), entitled The Enhancement and Standardization of ClimateRelated Disclosures for Investors (the...more

Perkins Coie

The SEC’s Climate Disclosure Rule Has Arrived: Scope 3 Is Out—But What Is In?

Perkins Coie on

After nearly two years of public comments and deliberation, the U.S. Securities and Exchange Commission (SEC) adopted a Final Rule on Mandatory Climate Disclosures (Final Rule). While less sweeping than initially proposed,...more

Fenwick & West LLP

The SEC Adopts Final Climate-Related Disclosure Rules

Fenwick & West LLP on

On March 6, 2024, the SEC adopted final rules (Final Rules) requiring extensive climate-related disclosures in companies’ annual reports and registration statements. The new rules are set forth in Release No. 33-11275. The...more

Mayer Brown Free Writings + Perspectives

Climate-Risk Disclosure Rules

The Securities and Exchange Commission adopted (in a 3-2 vote) final rules related to climate-related disclosures.  These rules had first been proposed in March 2022.  In his opening remarks, SEC Chair Gensler noted that the...more

Mayer Brown Free Writings + Perspectives

Global Climate Change Disclosure Initiatives and Board Corporate Governance Considerations

Executive Summary- Climate disclosure regulations are among the most significant and complex challenges faced by companies and boards, with a variety of requirements emanating from numerous governmental authorities and...more

McDermott Will & Emery

California’s New Climate Disclosure Laws: What You Need to Know

McDermott Will & Emery on

While the highly anticipated adoption of proposed rules on climate risk disclosure by the US Securities and Exchange Commission (SEC) appears to be on hold (the SEC’s recently revised regulatory agenda indicates possible...more

Jones Day

Final Disclosure Recommendations From the Taskforce on Nature-related Financial Disclosures

Jones Day on

On September 18, 2023, the Taskforce on Nature-related Financial Disclosures ("TNFD") released its final recommendations for disclosures on nature-related dependencies, impacts, risks, and opportunities. The TNFD aims to...more

Cadwalader, Wickersham & Taft LLP

Taskforce on Nature-Related Disclosures Publishes Final Recommendations

On September 18, 2023, following a two-year development process, the Taskforce on Nature-related Financial Disclosures (TNFD) published its final recommendations (the Recommendations) to help market participants with...more

Cadwalader, Wickersham & Taft LLP

KPMG Research Shows Significant Proportion of Companies Not Ready for ESG Data Assurance Requirements

According to a survey conducted by KPMG, 75% of companies are not in a position to obtain third-party assurance on their published ESG data. This is despite the fact that two-thirds of companies must disclose such data, or...more

Seyfarth Shaw LLP

New California Laws Mandate Climate Disclosures For Both Private and Public Companies

Seyfarth Shaw LLP on

As expected, in the last couple years the ESG disclosure frameworks, including climate-related disclosures, have been moving from voluntary to mandatory. While some standard setters are seeking to streamline reporting,...more

Cadwalader, Wickersham & Taft LLP

Governor Newsom Signs Twin Climate Disclosure Bills Into Law

On October 7, 2023, Governor Newsom passed Senate Bills 253 and 261 into law, which significantly expand California companies’ disclosure requirements concerning greenhouse gas emissions and climate-related financial risks....more

Ballard Spahr LLP

CA to Require GHG and Climate-Risk Reporting for Companies Nationwide

Ballard Spahr LLP on

Summary - California’s new climate legislation requires thousands of public and private companies that conduct business in the state to disclose their Scope 1, 2, and 3 greenhouse gas emissions and climate-related...more

Morrison & Foerster LLP

California Climate Laws Require Public Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risks

Morrison & Foerster LLP on

California Governor Gavin Newsom signed into law two key climate bills as part of the California legislature’s broader Climate Accountability Package. The two laws—Senate Bill No. 253 (SB 253) and Senate Bill No. 261 (SB...more

Jones Day

California Emissions Bills: What Your Company Needs to Know

Jones Day on

In Short - The Situation: The California legislature passed landmark climate bills that surpass emissions disclosure requirements of any other existing state law. The bills are branded as the nation's first comprehensive...more

A&O Shearman

ACRA and SGX RegCo Consult on Climate-Related Disclosure

A&O Shearman on

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

Cadwalader, Wickersham & Taft LLP

TNFD Publishes Final Draft Disclosure Framework

On March 28, 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) announced the release of the fourth and final iteration of its beta framework for nature-related risk management and disclosures, including a...more

Cadwalader, Wickersham & Taft LLP

CDP Introduces Plastics-Related Disclosure

On April 19, 2023, CDP launched a request for 7,000 companies to disclose on the production and use of the most environmentally problematic plastics, i.e., plastic polymers, durable plastics, and plastic packaging, through...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

Cadwalader, Wickersham & Taft LLP

Survey: Companies Preparing to Comply with SEC’s Proposed Climate Disclosure Rule Even Though Not Final

According to a new survey, most large companies are preparing to comply with the Securities and Exchange Commission’s (SEC) proposed climate disclosure rule even though it is not final, but many business leaders are concerned...more

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