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Environmental Social & Governance (ESG) Securities Regulation Sustainability

Alston & Bird

Sustainability Spotlight - Q2 2024

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Welcome to the latest 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. This...more

Skadden, Arps, Slate, Meagher & Flom LLP

Multinationals Face Challenges as They Prepare To Comply With the EU’s Sustainability Reporting Law

As the deadlines approach for multinationals to make their first disclosures under the Corporate Sustainability Reporting Directive (CSRD), the EU’s new sustainability reporting law, they are confronting the significant time...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

Alston & Bird

Sustainability Spotlight – Q1 2024

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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

Morris, Manning & Martin, LLP

We're Still Struggling to Define "Sustainable" and "ESG" in Securities Filings

Correspondence between the SEC Staff and an ESG-focused ETF sponsor shows that we are still struggling to define “Sustainable” and “ESG” for purposes of securities filings....more

Alston & Bird

An Update to Climate Risk Disclosures Among the SEC, CA, and the EU: Navigating Next Steps

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The Securities and Exchange Commission’s final rules on disclosing climate-related risks to investors are on hold, but California and EU rules are in effect. Our Securities and Environmental, Social & Governance (ESG) teams...more

Brownstein Hyatt Farber Schreck

The SEC Stays Its Own Climate Rule—What’s Next?

On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) finalized a historic set of climate disclosure rules, which stand to be the most significant disclosure regime change since the Sarbanes-Oxley Act. The rule...more

Stoel Rives - Environmental Law Blog

SEC Stays Its Climate Disclosure Rules

On April 4, 2024, the U.S. Securities and Exchange Commission (SEC) published an Order Issuing Stay of rules promulgated on March 6, 2024 requiring registrants to provide certain climate-related information in future...more

Wilson Sonsini Goodrich & Rosati

SEC Pauses Climate Disclosure Rules Amid Legal Challenges

On April 4, 2024, the U.S. Securities and Exchange Commission (SEC) issued an order (the Order) implementing a stay of its final climate-related disclosure rules1 adopted on March 6, 2024 (the Final Rules)....more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - April 2024

SEC Faces Lawsuits From Across Political Spectrum - Following the U.S. Securities and Exchange Commission’s (SEC) adoption of a scaled back set of climate disclosure rules on March 6, 2024, several states have filed...more

Stikeman Elliott LLP

CSSB Releases Proposed Canadian Sustainability Disclosure Standards

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On March 13, 2024, the Canadian Sustainability Standards Board (“CSSB”) released proposed Canadian sustainability disclosure standards (the “CSSB Standards”) that are modelled after the sustainability disclosure standards...more

A&O Shearman

The SEC’s Final Climate Disclosure Rules

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On March 6, 2024, almost two years after its originally proposed rules, the Securities and Exchange Commission (SEC) adopted final rules relating to the enhancement and standardization of climate-related disclosures. While...more

Wilson Sonsini Goodrich & Rosati

Fifth Circuit Court of Appeals Stays the SEC's New Climate-Related Disclosure Rules

On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) adopted final enhanced and standardized climate-related disclosure rules (the Final Rules). As noted in our client alert addressing the Final Rules, there...more

Wilson Sonsini Goodrich & Rosati

SEC Adopts Final Enhanced and Standardized Climate-Related Disclosure Rules

On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) adopted final enhanced and standardized climate-related disclosure rules requiring disclosure of climate-related information in registration statements and...more

J.S. Held

Crosscurrents—European Union Fails to Pass Corporate Sustainability Due Diligence Directive & SEC Bails on Scope 3 Requirements

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Introduction - With the adoption by 196 parties of the Paris Agreement in December 2015, legally binding international climate change arrived. The Paris Agreement requires increasingly aggressive five-year cycles climate...more

Mayer Brown

CVM divulga Ofício Circular Anual 2024 para companhias abertas, estrangeiras e incentivadas

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Nessa versão atualizada do Ofício Circular Anual 2024, há novas orientações acerca da comunicação sobre demandas societárias, elaboração de informações financeiras relacionadas à sustentabilidade e políticas de clawback,...more

Brownstein Hyatt Farber Schreck

SEC Approves Scaled-Back but Highly Impactful Climate Disclosure Final Rule

On March 6, the Securities and Exchange Commission (“SEC”) voted along party lines to adopt its long-awaited climate-related disclosure framework for registrants. This “Final Rule” largely reflects the proposed rule put...more

WilmerHale

Top Sustainability Trends to Watch in 2024

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As the lead-up to the November 2024 election brings increased focus to issues that fall along partisan lines, we expect to see sustainability issues garner continued attention among investors and other stakeholders. We expect...more

Skadden, Arps, Slate, Meagher & Flom LLP

2024 Insights: ESG

The Supreme Court’s Affirmative Action Opinion Continues To Spawn Challenges to DEI Programs - Businesses can expect continued challenges to DEI programs, as emboldened opponents to these programs seek to expand the reach...more

Foley Hoag LLP - Energy & Climate Counsel

Anticipating the U.S. Securities and Exchange Commission’s ESG Disclosure Rules and Guidelines: How to Stay Ahead of the Game

As more advisory services, investment companies, and public companies have publicized their Environmental, Social, and Governance (ESG) goals, the U.S. Securities and Exchange Commission (SEC) has proposed a set of new rules...more

Cadwalader, Wickersham & Taft LLP

Australian Regulator Emphasizes Focus on Greenwashing Claims

In a speech delivered at the Australian Finance Review’s ESG summit on June 5, 2023, the Australian Securities and Investments Commission’s (ASIC) Chair, Joe Longo, warned companies that greenwashing is an ongoing concern for...more

Katten Muchin Rosenman LLP

SEC Turns Up Heat on Climate-Related Comment Letters - Capital Markets Compass | Issue 6

In September 2021, the Securities and Exchange Commission (SEC) provided a sample comment letter, which included nine potential climate-related comments the SEC may issue to companies regarding their climate-related...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

Kilpatrick

Why Does ESG Matter?

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ESG factors not only have the potential to directly affect a company’s financial position, these factors may also significantly affect a company’s reputation. Companies and investors now recognize the potential costs of not...more

Jones Day

Eliminating Significant Gotchas: Sustainability Report Edition

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For many companies, summer is the time when they prepare and publish Sustainability Reports, which report on efforts with respect to environmental, social, and governance initiatives. Other companies may have already...more

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