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Amendments to California Climate Accountability Package Await Governor’s Review

In October 2023, California Governor Gavin Newsom signed into law the Climate Corporate Accountability Act (SB 253) and the Climate‐Related Financial Risk Act (SB 261), jointly referred to as the Climate Accountability...more

SEC Pauses Final Rules on Climate-Related Disclosures

On April 4, 2024, the SEC issued a stay of its final climate-related disclosure rules. The SEC adopted the long-awaited final rules in March after receiving more than 24,000 comment letters....more

2023 Proxy Season Update: Shareholder Activism on “E” Topics

What a difference a year makes. A highlight of the 2022 proxy season was the increased shareholder focus on a number of ESG topics, including more than 100 “E”-related shareholder proposals related to climate change,...more

Biden Administration Proposes Climate Disclosure Rules for Federal Contractors

Companies considered to be “major” or “significant” US federal government contractors soon may be required to provide climate disclosures as part of the Biden Administration’s suite of policies designed to achieve net-zero...more

SEC Issues Groundbreaking Climate Disclosure Proposal

Yesterday, the US Securities and Exchange Commission (SEC or Commission) proposed groundbreaking rules intended to enhance and standardize climate-related disclosure requirements for public companies. The SEC’s climate...more

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