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This summer, California Governor Newsom had proposed that California delay the implementation date of its climate disclosure law for two years. The California legislature rejected this proposal, instead passing S.B. 219,...more
What obligations might publicly traded companies face in providing the U.S. Securities and Exchange Commission disclosures about climate-related risks? Some clarity emerged on March 6, 2024, when the SEC released its...more
The U.S. Chamber of Commerce, in combination with a number of other organized business interests, recently filed a lawsuit in federal court seeking to invalidate two of the climate disclosure laws enacted by California last...more
Business groups’ recently filed lawsuit mounts the first legal challenge to California’s novel climate disclosure laws, creating potential uncertainty for impacted companies. On October 7, 2023, California Governor Gavin...more
On January 30, 2024, the U.S. Chamber of Commerce and five co-plaintiffs representing a coalition of business groups filed a lawsuit against the state of California seeking to block the state’s new landmark climate disclosure...more