Justin Gundlach Climate Law Fellow New rules make France a leader in national and international efforts to integrate factors related to climate change into financial disclosure requirements. On December 31, 2015, the French Treasury Department published Decree no. 2015-1850 in the Journal Officiel de la République Française France’s equivalent of […]
Climate Disclosures
Each month, Arnold & Porter and the Sabin Center for Climate Change Law collect and summarize developments in climate-related litigation, which we also add to our U.S. and non-U.S. climate litigation charts. If you know of any cases we have missed, please email us at columbiaclimate at gmail dot com. Here are the additions […]
Justin Gundlach Climate Law Fellow In advance of the recent G-20 meeting in Ankara, Turkey, the G-20’s Finance Ministers and Central Bank Governors asked the international Financial Stability Board to hold a meeting “on the financial stability implications of climate change related issues.” Following that September meeting, the FSB published […]
Jessica Wentz Associate Director and Fellow On November 8, Peabody Energy Corporation, the world’s largest publicly-traded coal company, reached a settlement with the New York Attorney General’s Office (“NYAG”) in which it agreed to revise its financial disclosures to reflect the potential impact of climate change regulations on its future […]
On November 4, the New York State Attorney General Eric Schneiderman subpoenaed Exxon Mobil for extensive records, as part of an investigation to determine whether the company lied to the public or investors about the risks of climate change. According to the New York Times, “people with knowledge of the […]
Today, the Sabin Center for Climate Change Law is releasing a set of model protocols for assessing the impacts of climate change on the built environment under the National Environmental Policy Act (NEPA) and state equivalents. The protocols are intended for use in environmental reviews of proposed buildings and infrastructure […]
Corporations today face increasing risks from climate change. These risks threaten not only the operations and infrastructure of the corporations, but ultimately their long-term financial soundness as well. For example, as has been noted with respect to the oil and gas industries, refineries often do not have high profit margins […]
by Amanda Liu, CCCL Affiliate* A review of the 2013 disclosures made in annual reports from a sample of Australian Securities Exchange (ASX) Top 20 listed entities has shown a lack of comprehensive risk identification and discussion which links climate change risks to business strategy and financial performance. The review […]