On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) finalized a historic set of climate disclosure rules, which stand to be the most significant disclosure regime change since the Sarbanes-Oxley Act. The rule...more
On March 6, the Securities and Exchange Commission (“SEC”) voted along party lines to adopt its long-awaited climate-related disclosure framework for registrants. This “Final Rule” largely reflects the proposed rule put...more
Note: This is the third in a series of alerts focused on the overlapping ESG scrutiny between state attorneys general and Congress. Our first discussed how to prepare when ESG inaction and action both yield risk. Our second...more
Congress’ intent to collaborate with state attorneys general could not get much clearer. In March 2023, Brownstein’s ESG and State Attorneys General teams noted there were clear signals that congressional investigations were...more
Regardless of a company’s stance on ESG (Environmental, Social, and Governance), the current political climate brings unique risks for parallel investigations. There are clear signals that congressional investigations coupled...more
PREPARING FOR THE INCREASINGLY COMPLEX MAZE OF STATE-LEVEL REGULATIONS REGARDING ESG-BASED INVESTMENTS -
Amid growing interest by some investment managers to consider environmental implications and anticipated regulatory...more