With the uncertainty plaguing the ultimate status of the SEC’s climate disclosure rules on the federal level (we reported on the most recent developments in The SEC Votes to “End its Defense” of Climate Change Rules and SEC...more
4/11/2025
/ Business Entities ,
California ,
Climate Change ,
Disclosure Requirements ,
Executive Orders ,
Greenhouse Gas Emissions ,
New Jersey ,
New York ,
Proposed Legislation ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
State and Local Government
In this alert, we reflect on recent climate reporting updates and analyze expectations for 2025 that are relevant for international businesses....more
1/16/2025
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CARB ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Enforcement ,
Environmental Social & Governance (ESG) ,
EU ,
Greenhouse Gas Emissions ,
New Legislation ,
Popular ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Sustainability ,
UK
It is no secret that the incoming Republican Administration has been skeptical of the federal government’s climate change measures, which brings further uncertainty to the SEC’s new climate change rules (the “Rules”). To be...more
11/19/2024
/ Appeals ,
California ,
Capital Markets ,
Carbon Emissions ,
Climate Change ,
Disclosure Requirements ,
Enforcement Actions ,
Final Rules ,
Greenhouse Gas Emissions ,
Risk Management ,
Securities and Exchange Commission (SEC)
California Climate Disclosure Laws – New Developments, Old Timelines -
The California legislature recently rejected Governor Gavin Newsom’s proposal to delay the deadlines to comply with California’s climate disclosure...more
On July 1, 2024, Vermont’s Climate Superfund Act (S 259) went into effect. The law, which is the first of its kind, imposes strict liability on fossil fuel extractors and crude oil refiners who are accountable for 1 billion...more
Version 2.0 following publication of the U.S. Securities and Exchange Commission (“SEC”) Climate-Related Disclosure Rules -
A wave of new legislation and regulation in the U.S. and Europe has the potential to significantly...more
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
10/16/2023
/ California ,
Climate Change ,
Disclosure Requirements ,
Greenhouse Gas Emissions ,
Net Zero ,
New Legislation ,
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Reporting Requirements ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Task Force on Climate-related Financial Disclosures (TCFD)
On June 30, 2022, the Supreme Court of the United States issued an important environmental ruling in West Virginia v. EPA, holding that while the United States Environmental Protection Agency (“EPA”) can regulate power plant...more