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Sustainability California Corporate Governance

Alston & Bird

Sustainability Spotlight – Q1 2024

Alston & Bird on

Welcome to the inaugural edition of the Sustainability Spotlight, your place to keep up with all the ESG action – federal and state enforcement, shareholder proposals and litigation, and state attorney general actions. ...more

Wilson Sonsini Goodrich & Rosati

SEC, California, and CSRD Climate Disclosure Requirements Comparison Tool

Following an order by the U.S. Securities and Exchange Commission (SEC) implementing a stay of its final climate disclosure rules pending review of legal challenges to such rules in the U.S. Court of Appeals for the Eighth...more

Allen Matkins

California Seeks To Delay Demise Of California Climate Related Disclosure Statutes, But Why?

Allen Matkins on

In February, I noted that the Chamber of Commerce of the United States of America and several others filed suit in the Central District Court challenging two laws passed last year. SB 253 (Wiener) compels disclosure of...more

Wilson Sonsini Goodrich & Rosati

Reminder: Compliance with AB 1305 Is Required by January 1, 2024

As the new year approaches, many companies will need to make sure that their websites include disclosure by January 1, 2024, that complies with California Assembly Bill No. 1305 (AB 1305). AB 1305 is the only law among the...more

Wilson Sonsini Goodrich & Rosati

Sustainability and ESG Advisory Practice Update, October 2023

We are pleased to share the October 2023 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

Wilson Sonsini Goodrich & Rosati

California Governor Gavin Newsom Signs ESG Disclosure Bills

In the past few days, California Governor Gavin Newsom signed three bills that will require companies and investors to provide new disclosure. Climate Disclosure - On October 7, 2023, Governor Newsom signed Senate Bill...more

Allen Matkins

How California's Clean Energy Fund Has Made Applying California's Pseudo-Foreign Corporation Law More Difficult

Allen Matkins on

In 2012, the voters of California approved Proposition 39 which established a Clean Energy Fund for the purpose of "funding projects that create jobs in California improving energy efficiency and expanding clean energy...more

Pillsbury Winthrop Shaw Pittman LLP

California Senate Passes the Climate Corporate Accountability Act

Continuing its leadership in the battle against climate change, California takes a big step forward by requiring transparency concerning the carbon footprints of the nation’s largest corporations doing business in the state. ...more

Allen Matkins

Study Throws Wet Blanket On Other Constituency Statutes

Allen Matkins on

An "other constituency statute" permit, but do not require, boards of directors to consider non-shareholder interests (such as the interests of employees, the environment, et cetera) when making decisions.  California and...more

Allen Matkins

California Bill Would Require Climate-Related Financial Risk Reports

Allen Matkins on

Earlier this month, I wrote about a California bill, SB 260, that would impose greenhouse gas emissions disclosure obligations on "publicly traded domestic corporations" and "publicly traded foreign corporations".   That bill...more

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