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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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Statement: Environmental Defence Urges the Government to Strengthen the Clean Electricity Regulations

Enviromental Defense

We urge the government to strengthen the regulations, rather than weaken them. We urge the government to strengthen the regulations, rather than weaken them. In particular, the federal government must hold the line on the end of life clause and the date that this clause comes into effect.

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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. When reviewing proposed regulations, OIRA invites public input via meetings that outside parties request to present their views on the topic.

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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. By Hui Xu , Paul A.

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When Is It Legal to Consider Race in Regulating?

Legal Planet

EPA isn’t a college and doesn’t regulate with the goal of increasing diversity. Under current law, if a regulation refers to race in any way, the government must show that the regulation is narrowly tailored to a compelling government interest. This is a very difficult standard to meet.

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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. When reviewing proposed regulations, OIRA invites public input via meetings that outside parties request to present their views on the topic.