News & Analysis as of

Securities and Exchange Commission (SEC) Net Zero

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

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US formally submits notification of withdrawal from Paris Agreement. On January 27, 2025, Dorothy Camille Shea, the US acting ambassador to the United Nations, submitted a notification of withdrawal from the Paris Agreement...more

Jones Day

Recent Fraud Cases Show Companies Must Be Strategic When Purchasing Carbon Offsets

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The voluntary carbon credit ("VCC") market has become increasingly important in achieving net-zero goals for companies. However, the market has recently undergone scrutiny after reports of ineffective VCCs. Recent parallel...more

American Conference Institute (ACI)

The Road to Net Zero: Core Principles to Prevent Greenwashing

“Net zero” is a topic as hot as the climate these days. With so much regulatory attention being placed on it, companies that do not communicate their net zero efforts appropriately or, worse, intentionally make false and...more

Jones Day

The Climate Report | Second Quarter 2024

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REGULATORY ISSUES & UPDATES - Recent Evolution of the European Regulatory Framework on Greenwashing - Two new Directives adopted by the EU in 2024—the "Empowering Consumers Directive" and the "Green Claims...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - June 2024

In this week’s edition, we look at the climate-linked criminal lawsuit filed against a French oil major. We also review a survey conducted by Bloomberg Law that shows a majority of attorneys believe they will see only a...more

Davis Wright Tremaine LLP

So You Want to Advertise Your ESG Efforts? Let's Talk.

Your company has an ESG (Environmental, Social, and Governance) mission. It could be as (seemingly) simple as using renewable energy in production, sourcing eco-friendly materials or, more broadly, coming up with a "more...more

Foley & Lardner LLP

Tired of Waiting on the SEC, California Adopts Extensive Climate Disclosure Laws

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California recently has passed three climate disclosure laws, with yet another still pending. These new laws are aimed at increasing transparency and consistency in climate-related disclosures, including greenhouse gas (GHG)...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

Morrison & Foerster LLP

California Enacts AB 1305 to Strengthen the Voluntary Carbon Market and Continues to Lead on Climate Regulation

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On October 7, 2023, California took a significant step toward promoting transparency and integrity of voluntary carbon markets (VCMs) and climate-related claims by enacting Assembly Bill 1305: the Voluntary Carbon Market...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

Proskauer Rose LLP

California – First State to Enact Climate Reporting Legislation

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On October 7, 2023, California Governor Gavin Newsom signed into law two expansive climate disclosure bills (SB 253 and SB 261), making California the first state in the U.S. to impose requirements on greenhouse gas (“GHG”)...more

Akin Gump Strauss Hauer & Feld LLP

This Week’s Climate Policy Update - September 2023 #3

Good afternoon! This is Akin’s newsletter on climate change policy and regulatory developments, providing information on major climate policy headlines from the past week and forthcoming climate-related events and hearings...more

Morrison & Foerster LLP

UK Sustainability Disclosure Requirements – A Recap

The UK’s financial services regulator, the Financial Conduct Authority (FCA), has delayed the release of its policy statement setting out the final rules of the Sustainability Disclosure Requirements (SDRs), leaving asset...more

Mayer Brown Free Writings + Perspectives

Greenwashing: Navigating the Risk

The risk of an accusation of “greenwashing” is now an important concern for many companies. Greenwashing is an ill-defined concept but, nevertheless, is increasingly a source of litigation and regulatory scrutiny – with more...more

Morrison & Foerster LLP

Uncertainty in Carbon Markets Leads to Novel Carbon Offset Litigation

Net zero goals and carbon neutrality have hit the mainstream, propelled over the past decade by consumer and investor demands that businesses curb greenhouse gas emissions to counter the climate crisis. In response, companies...more

K&L Gates LLP

The ESG Debate Heats Up: State AGs Investigating Asset Manager Involvement in ESG Initiatives and Related Proxy Voting

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Over the past two weeks, multiple state attorneys general have sent civil investigative demands (CIDs) or subpoenas to asset managers regarding their involvement in the environmental, social, and governance (ESG) initiatives...more

Cadwalader, Wickersham & Taft LLP

SEC Commissioner Uyeda Comments on ESG Investment Strategies

Mark T. Uyeda, Commissioner at the U.S. Securities and Exchange Commission (SEC), spoke at the California ‘40 Acts Group on January 27 regarding various investment-related ESG issues....more

Latham & Watkins LLP

ECB and IMF Call to Avoid Fragmentation in Global ESG-Related Disclosure Requirements

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The call highlights the challenges in developing alignment between global ESG reporting standards. The European Central Bank (ECB) and the International Monetary Fund (IMF), two of the world’s leading public financial...more

Paul Hastings LLP

Commenters Respond to the SEC’s Proposed Rules on Climate-Related Disclosures

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The public comment period for the Securities and Exchange Commission’s (“SEC”) proposed rules on climate-related disclosures (the “Proposal”) closed on June 17, 2022. The Proposal, which was released on March 21, 2022, would...more

NAVEX

Scopes 1, 2 and 3 Defined

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With the SEC’s disclosure proposal comment period recently ending and likely climate-related disclosure regulation coming soon, it is imperative that companies begin to not only understand how to compile this information, but...more

McDermott Will & Emery

[Webinar] Risks, Opportunities, and Disclosure in the Era of Climate Change - April 27th, 12:00 pm - 1:00 pm EDT

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The US Securities and Exchange Commission’s (SEC) recently proposed landmark climate-related disclosure rules draw attention to a broad scientific consensus that to avert catastrophic consequences from climate change, the...more

ArentFox Schiff

Five Initial Takeaways from the SEC’s Proposed Rules Requiring Companies to Disclose Climate Risks and GHG Emissions Data

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On March 21, the U.S. Securities Exchange Commission (SEC) proposed far-reaching climate-related disclosure rules for public companies that do business in the United States. In a 3-1 vote, the SEC proposed rules that would...more

Mintz

Canada Announces Plan for Mandatory Climate Financial Disclosures

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Canadian Prime Minister Justin Trudeau recently announced a plan to compel companies to issue climate-related financial disclosures. Specifically, Prime Minister Trudeau sent mandate letters to Deputy Prime Minister and...more

Lathrop GPM

Federal Government and Private Sector Climate Change Developments

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The implications of climate change have gone from an esoteric topic that a very limited number of companies focused upon just a few years ago to one that is becoming more mainstream by the day. President Biden campaigned on...more

Holland & Knight LLP

CLEAN Future Proposal Offers Details on House Democrats' Vision for Climate Legislation

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Senior Democrats from the U.S. House Committee on Energy and Commerce introduced on March 2, 2021, their comprehensive climate bill, the Climate Leadership and Environmental Action for our Nation's (CLEAN) Future Act. The...more

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