On March 6, 2024, in a 3-2 vote along party lines, the SEC adopted the long-awaited final rules on climate-related disclosures. The proposed rules faced intense public scrutiny over the last two years, with the SEC receiving...more
3/12/2024
/ Climate Change ,
Compliance ,
Corporate Governance ,
Disclosure Requirements ,
Emerging Growth Companies ,
Environmental Social & Governance (ESG) ,
Final Rules ,
Financial Reporting ,
Greenhouse Gas Emissions ,
Publicly-Traded Companies ,
Regulation S-K ,
Risk Assessment ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Smaller Reporting Companies ,
Task Force on Climate-related Financial Disclosures (TCFD)
What a difference a year makes.
A highlight of the 2022 proxy season was the increased shareholder focus on a number of ESG topics, including more than 100 “E”-related shareholder proposals related to climate change,...more
Election Day is rapidly approaching, and control of both the US House of Representatives and the Senate is on the line. The Democrats have a razor-thin majority that could quickly shift as a result of the midterms....more
Governor Newsom recently signed Senate Bill 54 (“SB 54”), heralding an unprecedented commitment to reducing plastic production and consumption in California. The Plastic Pollution Prevention and Packaging Producer...more
Future federal environmental settlements are likely to include more creative remedies to address the impacts of violations on communities, thanks to recent policy changes at the US Department of Justice (DOJ)....more
7/25/2022
/ Biden Administration ,
Clean Air Act ,
Department of Justice (DOJ) ,
Environmental Justice ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
Environmental Violations ,
New Rules ,
Regulatory History ,
Settlement ,
Supplemental Environmental Project (SEP) Policy
On April 28, 2022, the Securities and Exchange Commission (SEC) announced an action against Brazilian mining company, Vale S.A., in relation to an environmental and social catastrophe: the collapse of its Brumadinho dam in...more
Today marks the 52nd Earth Day celebration, initially commenced in 1970 as citizens around the nation, and the world, gathered to demand stronger protection for the environment: cleaner water, air and land. As in 1970, the...more
4/25/2022
/ Biden Administration ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Proposed Rules ,
Public Comment ,
Risk Factors ,
Risk Management ,
Rulemaking Process ,
Securities and Exchange Commission (SEC)
Yesterday, the US Securities and Exchange Commission (SEC or Commission) proposed groundbreaking rules intended to enhance and standardize climate-related disclosure requirements for public companies. The SEC’s climate...more
3/23/2022
/ Annual Reports ,
Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Foreign Private Issuers ,
Greenhouse Gas Emissions ,
Proposed Rules ,
Public Comment ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Securities and Exchange Commission (SEC)
Upon taking office in January, the Biden Administration immediately prioritized climate change and environmental justice, fulfilling President Biden’s campaign promise. In the past two weeks, President Biden reiterated those...more
11/16/2021
/ Clean Air Act ,
Climate Change ,
Environmental Justice ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
IFRS ,
Infrastructure ,
International Standards ,
Methane ,
Paris Agreement
The Securities and Exchange Commission (SEC) announced in recent weeks multiple efforts to highlight climate change in corporate disclosures and to increase scrutiny and, potentially, enforcement focus on company disclosure...more
3/16/2021
/ Biden Administration ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Form 10-K ,
Form 10-Q ,
Publicly-Traded Companies ,
Regulation S-K ,
Securities and Exchange Commission (SEC)
The Biden Administration is seeking to advance “environmental justice” (EJ) through its policy and regulatory priorities in a way that no administration has before. Environmental justice - which seeks to address...more
2/4/2021
/ Biden Administration ,
Black Lives Matter ,
Climate Change ,
Corporate Governance ,
Department of Labor (DOL) ,
Environmental Justice ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
Executive Orders ,
Federal Agency Taskforce ,
Low-Income Issues ,
Minorities ,
National Environmental Policies ,
Native American Issues ,
Popular ,
Public Health
Over the weekend, major news outlets announced that former Vice President Joe Biden will be the next president of the United States. Biden and his running mate, Vice Predident-elect Kamala Harris, pledged throughout the...more
11/10/2020
/ Biden Administration ,
Bureau of Land Management ,
Clean Energy ,
Clean Power Plan ,
Climate Change ,
Congressional Review Act ,
Deregulation ,
Disclosure Requirements ,
Environmental Policies ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
Green Infrastructure ,
Greenhouse Gas Emissions ,
Infrastructure ,
Legislative Agendas ,
Methane ,
Paris Agreement ,
Presidential Elections ,
Publicly-Traded Companies ,
Rulemaking Process ,
Sustainable Projects ,
Trump Administration