Commentators who advocate either for or against corporate and asset managers addressing climate risks often refer to “fiduciary duty” as justification for their claims. Yet no field of corporate or asset management actually imposes one standalone fiduciary duty. Nor do any two business-law fields impose the same fiduciary regime. […]
Andy Fitch
4 posts
For a second time, the Securities and Exchange Commission (SEC) has passed the buck on its landmark climate disclosure rule, entitled The Enhancement and Standardization of Climate-Related Disclosures for Investors. The rule, finalized just last year, remains in legal limbo, as neither the SEC nor the courts seem eager to […]
Under new leadership appointed by the Trump administration, federal agencies have weakened key regulations meant to protect the economy from the financial harms of climate change. Some of the targeted regulations seek to manage climate risk; others constrain corporate actions or investment strategies on a range of environmental, social, or […]
This post is the first of a new Climate Law Blog series, 100 Days of Trump 2.0, in which the Sabin Center offers reflections on the first hundred days of President Trump’s second term across a variety of climate-related topics. To read other posts from the series, which will roll […]