The UK Financial Conduct Authority (FCA) has published consultation paper CP26/5 on the evolution of its sustainability disclosure rules for listed companies, following the government's draft UK Sustainability Reporting...more
The FCA is consulting on significant changes to how listed companies in the UK report on sustainability matters. The consultation closes on 20 March 2026, with the final rules expected in Autumn 2026....more
We are ringing in the New Year with our annual predictions for sustainability legal and compliance professionals. In this post, we provide 26 predictions to inform sustainability compliance in 2026 (and beyond), in particular...more
On November 18, 2025, the U.S. Court of Appeals for the Ninth Circuit paused the enforcement of the California Climate-Related Financial Risk Act (SB 261) while the lawsuit challenging SB 261 and the Climate Corporate Data...more
On 3 December 2025, the PRA published Policy Statement 25/25 (PS25/25), finalising proposals from CP10/25 and introducing Supervisory Statement 4/25 (SS4/25). This replaces SS3/19 and sets out updated expectations on how...more
As many were settling back into work after the Thanksgiving holiday, the California Air Resources Board (CARB) published an Enforcement Advisory and opened up its public docket for voluntary submissions of SB 261 climate risk...more
The California Air Resources Board held its third workshop last week on California’s pending corporate climate disclosure mandates. Health & Safety Code 38532 (SB 253) requires greenhouse gas emissions disclosures, while...more
On November 18, 2025, the U.S. Court of Appeals for the Ninth Circuit granted a motion for injunction pending appeal that temporarily pauses enforcement of California Senate Bill 261 (SB 261) while the court considers a legal...more
Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. ...more
The California Air Resources Board (CARB) recently released a draft list of 4,159 public and private companies that do business in the state and that it believes must comply with California’s laws requiring disclosure of...more
The California Air Resources Board (“CARB”) hosted a public workshop on August 21, 2025 to provide information on Senate Bills 253, 261 and 219 (the “California climate laws”) and solicit feedback from consumers and...more
The California Air Resources Board (CARB) released a list this week identifying which entities the agency believes are subject to the state’s climate disclosure laws — SB 253 and SB 261. The list can be downloaded here....more
On 6 August 2025, the Financial Conduct Authority (FCA) published its multi-firm review (review) of climate reporting by private fund and other asset managers, life insurers, and FCA-regulated pension providers (firms). The...more
On September 2, 2025, the California Air Resources Board (CARB) released a draft checklist to guide companies within the scope of SB 261 in preparing climate-related financial risk reports. This law, codified in Health and...more
Last night, the California Air Resources Board (CARB) released draft guidance on the Climate‐Related Financial Risk Act (Health & Safety Code Section 38533/Senate Bill 261). This disclosure mandate will require subject...more
Following a multi-firm review of sustainability reporting, the FCA has announced that it is considering how to streamline and enhance the UK’s sustainability reporting framework by simplifying disclosures, easing unnecessary...more
On 15 July 2025, HM Treasury published its response confirming it will no longer pursue a UK green taxonomy – a classification system to define which economic activities could be considered environmentally sustainable (the...more
The package of consultations covers UK Sustainability Reporting Standards, transition plans, and assurance of sustainability-related disclosures....more
On June 13, 2025, the Basel Committee on Banking Supervision released a voluntary framework for climate-related financial risk disclosures, marking a significant advancement in global banking transparency. This framework...more
Pressure from consumers, investors, and regulators to provide climate, environmental, and sustainability disclosures is increasing, but it is important for companies to ensure such disclosures are accurate, verifiable, and...more
The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 ("the Regulations") came into force on April 6, 2022. The Regulations amend the Companies Act 2006 and largely implement the...more
As mentioned in our latest briefing note, the UK Financial Conduct Authority (FCA) published its final rules and guidance (the “Rules”) setting out the requirements under a new climate-related disclosure regime for certain...more
Climate change continues to preoccupy the public and policymakers, and a number of legal and regulatory initiatives in the US, UK, and elsewhere are currently underway that may affect insurers. This report provides a...more