Legal Planet

SEPTEMBER 14, 2023

State Capitol, Sacramento, California After a hard-fought battle, the California Legislature passed the second of two nation-leading corporate climate accountability bills yesterday afternoon. What do the bills do? What’s next?

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Union of Concerned Scientists

SEPTEMBER 21, 2023

Tens of thousands of people marched in New York City and around the world, California filed a groundbreaking lawsuit and passed new corporate climate disclosure rules , and the Wall Street Journal published new revelations about ExxonMobil’s climate disinformation efforts. California Gov.

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Union of Concerned Scientists

APRIL 1, 2024

Final rule leaves too much to the imagination The final version of the rule, titled Enhancement and Standardization of Climate-Related Disclosures for Investors , is an improvement over the status quo in some respects, but the bar was low. As of this writing, nine lawsuits have been filed in six federal appellate courts opposing the rule. .

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Environment + Energy Leader

AUGUST 1, 2022

The state farming organization says the rules could hurt small- and mid-sized farms and requests changes be made. The post Missouri Farm Bureau Questions SEC’s Proposed Climate Disclosures appeared first on Environment + Energy Leader.

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Legal Planet

JANUARY 3, 2023

Depending on how the opinion is written, it could also impact how much authority states have to limit the sale of electricity from fossil fuel generators or the sale of high-emissions vehicle fuels. Climate disclosure rules. State climate & energy regulation. Congressional hearings. Suits against oil companies.

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Union of Concerned Scientists

MAY 23, 2023

Shareholders demand Scope 3 disclosure That’s precisely why investors are asking companies to measure and disclose Scope 3 emissions. For many companies and sectors, a greenhouse gas inventory that omits Scope 3 would be materially misleading to investors,” the letter states.

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PA Environment Daily

APRIL 9, 2022

The TCFD standard is the international benchmark for climate risk disclosure and will help insurance regulators and the public to better understand the climate-related risks to the U.S. state insurance regulators on the forefront of climate risk disclosure to protect consumers. insurance market.

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Law and Environment

AUGUST 17, 2023

The SEC has now signaled that it will finalize the proposed climate disclosure rules in October 2023. In March 2022, the SEC proposed amendments to Regulations S-X that would both enhance and standardize public companies’ climate-related disclosures (“Climate-Related Disclosures”). Background.

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Clean Energy Law

MARCH 15, 2024

The guidelines aim to transform China’s approach to ESG by introducing sustainability disclosure rules for large listed companies. SDRs are not mandatory for other listed companies on the Shanghai and Shenzhen Stock Exchanges, but these other companies are encouraged to voluntarily adhere to the disclosure rules. By Hui Xu , Paul A.

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Legal Planet

AUGUST 29, 2022

IRA § 60111 provides a small amount of funding for EPA to strengthen corporate emissions disclosures. This provision arguably shows that Congress regards standardized disclosures as good. State authority. There’s one important area where IRA may indirectly increase state regulatory power.

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Union of Concerned Scientists

JUNE 2, 2022

At the other end of the spectrum, a recent poll of “retail” investors—individuals with investments such as mutual funds or stocks—found that 70 percent support the SEC requiring corporate climate-risk disclosure. Strong and Consistent Disclosure Standards. Global Warming Emissions Are Material—Period.

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Law Columbia

MARCH 29, 2024

Now that the Securities and Exchange Commission (SEC) has released its final climate disclosure rule , attention has turned to the rule’s implementation and impact. Part Two considered the future of the climate disclosure rule in the context of the SEC’s rulemaking process. California passed its own state disclosure regime last fall.

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Legal Planet

APRIL 25, 2022

Two weeks ago the National Association of Insurance Commissioners (NAIC) took a significant step in the assessment and disclosure of climate-related financial risk by updating its insurer climate risk survey to reflect the recommended disclosures of Task Force on Climate-Related Financial Disclosures (TCFD). Download as PDF.

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Union of Concerned Scientists

MAY 25, 2021

State treasurers manage their state's investments, which means they're making big decisions about where big budget items, like public pensions, are being held.

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Union of Concerned Scientists

APRIL 4, 2022

Investors have pressed companies to disclose lobbying-related activities for more than a decade, arguing that lobbying can degrade a company’s reputation if it conflicts with the company’s stated priorities, which in turn impacts shareholder value. The company spent $6 million to lobby federal and state governments in 2020.

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Union of Concerned Scientists

APRIL 9, 2024

One avenue, which dozens of cities, counties and states across the United States and its territories are pursuing, is to sue them in state court for fraud and damages. EN: As I mentioned in my introduction, the SEC recently issued a new corporate climate-disclosure rule that had been in the works for two years.

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Legal Planet

JANUARY 8, 2024

State climate policy is a big deal. State governments began cutting emissions at a time when the federal government was essentially doing nothing about climate change. Since then, more states have become involved, and state policies have become more aggressive. California. Who knew cheese was such a pollution problem?)

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Legal Planet

APRIL 14, 2022

That made an investor revolt last week over the giant mining company’s climate disclosures especially notable. Although the firm had begun to expand its disclosures, investors were not happy. Rio Tinto historically has been far from an environmental paragon. aligned were achieved.”. aligned were achieved.”.

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Legal Planet

JANUARY 2, 2024

Too many businesses and state governments are relying on it. What will happen with mandatory corporate climate disclosures? The Supreme Court allowed lawsuits by cities and states against the oil companies to go back to state court. Will the Republicans roll back the Inflation Reduction Act?

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Legal Planet

MARCH 27, 2024

Take the latest, science-backed climate policies that are gaining traction in state houses around the country — and then do the exact opposite. For years, workers-rights groups have urged local and state government leaders to enact heat safety protections for people who work outside. In June 2023, Texas Gov.

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The Energy Law Blog

FEBRUARY 21, 2024

EPA’s Audit Policy mentions similar conditions and incentives, but it requires disclosure of the violation within 21 days of discovery (rather than 45 days) and requires corrective actions to be taken within 60 days from the date of discovery (rather than 90 days). Disclosure Requirements. LAC § 33:I.7009(E). LAC § 33:I.7009(A)(2).

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Law and Environment

AUGUST 24, 2022

The cities of Boston and Cambridge (and most recently Chelsea) already have building energy disclosure ordinances, each of which require annual reporting of energy usage for large buildings ( Boston and Chelsea at a threshold of 20,000 sf, Cambridge at 25,000 sf). So how will this play out for the regulated community in Massachusetts?

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Law Columbia

MARCH 20, 2024

In the March 6th vote to approve the SEC’s final climate disclosure rule , the Commissioners split along party lines, with the rule passing by a 3-2 vote. Part One offered a summary of the final rule, and delved into the materiality threshold that was added throughout the rule, including for emissions disclosure. Final Rule as a Floor?

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Law Columbia

MARCH 11, 2024

Nearly two years and 24,000 public comments after its proposal, the Securities and Exchange Commission (SEC) released its final climate disclosure rule last week, formally titled “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” The blog will explore the interplay of those three regimes in the U.S.

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National Law Center

DECEMBER 5, 2023

Bioengineered (BE) foods is a familiar term that has created consumer confusion in the United States over the past few years. The post AMS Updating the National Bioengineered Food Disclosure Standard’s List of Bioengineered Foods appeared first on National Agricultural Law Center.

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Legal Planet

MAY 24, 2021

Assessing climate-related financial risks to the stability of the US financial system and crafting proposals for requiring disclosure and mitigation of climate-related risks by financial institutions, including insurers. Disclosure: CLEE provided technical assistance with the drafting of SB 449. ). degree emission scenario.

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Circle of Blue

AUGUST 9, 2022

Fresh is a biweekly newsletter from Circle of Blue that unpacks the biggest international, state, and local policy news stories facing the Great Lakes region today. A new report gives New York a failing grade for its flood risk disclosure laws. August 9, 2022. Laura Gersony, Fresh Editor. This Week’s Watersheds. In the News.

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Capaccio

APRIL 22, 2024

On March 6, 2024, the Securities and Exchange Commission (SEC) released a set of disclosure rules that require some public companies to include climate-related information in their annual financial reports. The earliest proposed date of disclosure is in 2025 when LAFs would have to include climate-related risks in annual reports.

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Legal Planet

JANUARY 16, 2024

As my colleague Julia Stein noted in this lookback post , recent bills tackled some of our toughest environmental challenges in the areas of climate disclosures, single-use plastics, and housing. Hopefully, the final version of the state budget has funding to move these important laws forward.

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Union of Concerned Scientists

OCTOBER 12, 2022

Officials at the state and federal level have launched a full-court press against what the financial industry calls “environmental, social and governance” (ESG) investing. Another six statehouses are considering similar bills. No surprise, the fossil fuel industry is a major sponsor of the Republican Attorneys General Association.).

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Union of Concerned Scientists

JANUARY 30, 2023

Exxon also lobbied for “enhanced incentives for carbon capture and storage and hydrogen” in the Inflation Reduction Act, confirmed in the company’s lobbying disclosures. Fighting climate disclosure, especially Scope 3 emissions The U.S.

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Legal Planet

DECEMBER 11, 2023

Among many, here are some that stood out to us: Corporate Climate Accountability California moved climate accountability efforts forward in a big way with the passage of two first-in-the-nation climate disclosure bills , SB 253 (Wiener) and SB 261 (Stern) , that will force critical transparency about corporate climate emissions.

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Union of Concerned Scientists

DECEMBER 5, 2023

Furthermore, CCS cannot stop air, water and land pollution from extracting, refining, distributing, burning, and disposing of fossil fuels, all which disproportionately harm low-income people, communities of color, and Indigenous peoples in the United States and the Global South.

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Environmental News Bits

MARCH 10, 2022

Walters, Penn State and William M. Manson, Penn State Better information leads to better decisions – this is the idea behind a regulatory device known as “mandated disclosure.” Mandated disclosures are all around you, from calorie counts on fast food restaurant menus to conversations with doctors around informed consent.

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Legal Planet

DECEMBER 5, 2023

The brief presents a set of actions for “downstream” markets, such as in the United State and European Union. Among the steps that the report recommends these actors take: Battery manufacturers, automakers, and fleet purchasers could integrate checks on corruption risks into responsible sourcing and due diligence systems.

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Legal Planet

OCTOBER 11, 2023

The California Legislature has enacted and Governor Gavin Newsom recently signed into law SB 389 , an important water law reform measure authored by State Senator Ben Allen. California has one of the most antiquated and outdated water rights systems of any Western state.

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Acoel

APRIL 10, 2024

Securities and Exchange Commission (SEC) issued its long-awaited climate disclosure rule. The rule, formally titled, “The Enhancement and Standardization of Climate-Related Disclosures for Investors,” came nearly two years after the SEC’s initial proposal and after some 24,000 public comments in response to that proposal.

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