Canaries are the most familiar of “sentinel species” – animals (and plants) that can alert us to threats to human health and the environment. Those who know their mining history also know that canaries were first used in...more
7/17/2025
/ Climate Change ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Financial Markets ,
Insurance Industry ,
Popular ,
Property Insurance ,
Regulatory Requirements ,
Risk Management ,
State Regulators ,
Trump Administration
The climate change landscape for insurers has changed dramatically this past month. There are multiple developments insurers should keep in mind – and not just the US Securities and Exchange Commission’s (SEC) recent adoption...more
3/18/2024
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Enforcement Actions ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Insurance Industry ,
NAIC ,
New Rules ,
Popular ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
State Legislatures
SEC CLIMATE FINANCIAL RISK DISCLOSURE: RELEASE OF THE AGENCY’S REVISED REGULATION?
At some point in October 2023, the US Securities and Exchange Commission (SEC) is expected to release the long-awaited final version of its...more
With most state legislatures now finished with their 2023 sessions and with the East and West coasts preparing for peak hurricane and wildfire season, respectively, now is a good time to take stock of the environmental,...more
This update highlights some of the most noteworthy climate change-related federal and state regulatory, judicial and other developments of the past few months, and offers insights that may help guide insurers in their...more
12/12/2022
/ Climate Change ,
Department of Defense (DOD) ,
Department of Labor (DOL) ,
Environmental Social & Governance (ESG) ,
FDIC ,
FIO ,
Government Entities ,
Insurance Industry ,
NASA ,
Regulatory Agenda ,
Regulatory Requirements ,
Securities and Exchange Commission (SEC) ,
State and Local Government
On April 27, members from McDermott’s ESG, Impact & Sustainability Group, including Counsel David Cifrino and Partners Thomas Dawson, Carl Fleming and Jacob Hollinger, hosted a webinar on risks, opportunities and disclosures...more
The US Securities and Exchange Commission’s (SEC) recently proposed landmark climate-related disclosure rules draw attention to a broad scientific consensus that to avert catastrophic consequences from climate change, the...more
3/29/2022
/ Business Opportunities ,
Carbon Emissions ,
Climate Change ,
Disclosure Requirements ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Insurance Industry ,
Investors ,
Net Zero ,
Publicly-Traded Companies ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Webinars
When we published our last climate change update earlier this month, it was probably a safe bet that the last few weeks of the month would continue to be active. That was an understatement. Before summarizing the New York...more