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Greenhouse Gas Emission Disclosures in Real Estate Contracts and Beyond

Greenbuilding Law

As concerns about climate change move from mainstream society to businesses large and small, the significance of greenhouse gas emissions and specifically the move to decarbonize economies across the globe is receiving increased attention.

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Mandatory Climate Reporting in Singapore From FY2025

Clean Energy Law

The Accounting and Corporate Regulatory Authority and Singapore Exchange Regulation have provided details of mandatory climate reporting for listed issuers and large non-listed companies. The Regulations will be introduced in a phased approach in line with the recommendations from the Sustainability Reporting Advisory Committee (SRAC).

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Greenhouse Gas Data Must be Collected Beginning January 1 in Maryland

Greenbuilding Law

This post is adapted from a Client Alert to commercial real estate owners and tenants in those buildings in Maryland about the new regulations requiring that beginning January 1, 2024 greenhouse gas emission data be collected for reporting to the state government.

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Maryland is the First State to Regulate Carbon

Greenbuilding Law

Maryland has enacted the most rigorous state law in the country reducing greenhouse gas (GHG) emissions and otherwise addressing ESG stewardship including climate change. Many regulations will have to be promulgated to make all of this happen. apparently the State is leaning toward site EUI.

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Financing Building Decarbonization: Leveraging a Sector-Wide Emissions Model to Prioritize Capital Flows

Environmental News Bits

Real estate actors across the United States are at the precipice of a major climate opportunity. The recently passed Inflation Reduction Act (IRA), and the increased focus by investors, lenders, regulators, and policymakers on building decarbonization, positions the sector to take meaningful action. Download the report.

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New Proposed Local Law 97 Regulations Include Penalty Mitigation, Electrification, and Enforcement Provisions

SPR Law

On September 12, 2023, the New York City Department of Buildings (DOB) issued proposed regulations to implement Local Law 97 of 2019 (LL97). LL97 requires most large buildings in NYC to meet increasingly stringent greenhouse gas (GHG) emissions limits starting in 2024.

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Does Your Lease Need Greenhouse Gas Provisions?

Greenbuilding Law

It would be one thing if this topic was only prospective, about leases to be entered into in the future, but the reality is there are very large numbers of existing leases including with renewal terms that are for premises that will be regulated by emergent greenhouse gas emission disclosure and reduction statutes, rules, and regulations.