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Global Environmental, Social, and Governance (ESG) Outlook and Regulations: What to Expect in 2023 and Beyond

Environment + Energy Leader

It’s been an eventful last few years for Environmental, Social, and Governance (ESG), as increasing stakeholder demand for companies to improve their sustainability transparency has transformed the business world, pushing ESG discussions into places they’d never been.

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China Releases Carbon Allowance Trading Regulations

Clean Energy Law

The regulations aim to provide a legal framework for China’s carbon allowance trading market by strengthening requirements and designating responsibilities. The Regulations fill in the regulatory vacuum that has existed since 2021. The Regulations fill in the regulatory vacuum that has existed since 2021. By Hui Xu , Paul A.

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Roundup: Biden Administration Revamps Procedures for Reviewing Regulations

Union of Concerned Scientists

In the fourth quarter of 2023, the Biden administration finalized updated procedures for conducting cost-benefit analysis and encouraging public participation in meetings about regulations. Early in 2023, OMB collected public comments on two draft initiatives as part of the modernization process.

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EU Reaches Provisional Agreement on ESG Ratings Regulation

Clean Energy Law

On 5 February 2024, the European Parliament and Council of the EU announced that they had reached a provisional political agreement on the text of the ESG Ratings Regulation (the Regulation). The agreed text was subsequently published on 14 February 2024. Refer to this Latham blog post for previous commentary on the proposal.

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Roundup: Biden Administration Revamps Procedures for Reviewing Regulations

Union of Concerned Scientists

In the fourth quarter of 2023, the Biden administration finalized updated procedures for conducting cost-benefit analysis and encouraging public participation in meetings about regulations. Early in 2023, OMB collected public comments on two draft initiatives as part of the modernization process.

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Legal Challenges to State Hemp Laws and Regulations

National Law Center

In 2023, lawsuits were filed against state governments in Indiana, Arkansas, Virginia, and Alaska alleging that state hemp laws and regulations. The post Legal Challenges to State Hemp Laws and Regulations appeared first on National Agricultural Law Center.

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Indigenous and Environmental Groups Denounce Government Inaction on First Anniversary of Imperial Oil Tailings Disaster

Enviromental Defense

Governments watch as oil companies break the rules, raking in record profits while leaving an environmental disaster. The Alberta Energy Regulator has shown us over and over that it is willfully neglecting to keep us safe from toxic waste and pollution. One of the incidents spilled 5.3 million litres of industrial waste.