Nearly two years and 24,000 public comments after its proposal, the Securities and Exchange Commission (SEC) released its final climate disclosure rule last week, formally titled “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” The rule expands public companies’ disclosure requirements to include certain greenhouse gas (GHG) emissions data […]
Climate Disclosures
This piece previously appeared in the CLS Blue Sky Blog. In the global effort to protect the earth’s climate, the pace of regulation is rivaled only by the speed of technological innovation. What seemed improbable just a few years ago – requiring large companies to measure and report annual greenhouse […]
It has been more than a year and a half since the Securities and Exchange Commission (SEC) proposed its climate-related disclosure rule. In the interim, lawsuits in the ESG and regulatory space have constricted the SEC’s path to promulgating a final rule that will survive judicial review. This blog post […]
Since President Biden took office in January 2021, his administration has been proactive in its efforts to fulfill his campaign promise to place climate issues at the forefront of his presidential agenda. Two executive orders, Executive Orders (EOs) 13990 and 14008, both issued within a week of President Biden’s inauguration, […]
On Friday the White House Council on Environmental Quality (CEQ) unveiled new draft guidance on the consideration of climate change in National Environmental Policy Act (NEPA) reviews. This is intended to replace the final CEQ guidance that was issued by the Obama administration in 2016 and subsequently revoked by President […]
By Dena Adler Last month the Midwest faced historic floods that devastated rural communities, drowned farms, contaminated water supplies, and resulted in billions of dollars in damages. As climate change exacerbates the risk of these catastrophic flooding events in the Midwest and throughout the U.S., a growing number of citizens […]
by Justin Gundlach In 2017, a majority of Duke Energy’s shareholders voted to instruct the energy and utility company to draft what The 50/50 Climate Project has called a “2 degree analysis.” As a result, on or before March 30, 2018, Duke will issue a report on the risks facing […]
Editor’s Note The Expert Group on Climate Obligations of Enterprises is comprised of experts, listed here, in international, environmental, tort, human rights and company law. It has worked for several years to formulate the Principles on Climate Obligations of Enterprises, based on its interpretation of the law as it stands […]