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Climate Change Environmental Social & Governance (ESG) Reporting Requirements

White & Case LLP

California Climate Disclosure Laws: CARB Refines Applicability, Deadlines, and Scope

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On August 21, 2025, the California Air Resources Board (“CARB”) held a public workshop providing updates on SB 253 (the Climate Corporate Data Accountability Act) and SB 261 (the Climate-related Financial Risk Act)....more

A&O Shearman

ECB Letter to MEPs on Climate Risk Strategy and Potential Risks From Omnibus I Sustainability Package

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The President of the European Central Bank (ECB), Christine Lagarde, has issued a letter responding to Members of the European Parliament regarding the Eurosystem's evolving approach to climate-related financial risks....more

Ropes & Gray LLP

US-based Multinationals (and Others) Get More Time Before Singapore Climate Reporting Requirements Kick In

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Over the last few years, we have kept our US multinational company readers current on the progress and timing of Singapore corporate climate reporting. Singapore’s climate reporting requirements capture many larger US-based...more

Ropes & Gray LLP

California Air Resources Board Addresses the Who, What, How and When of California’s Corporate Climate Disclosure Laws at August...

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Yesterday, the California Air Resources Board held its second marathon virtual public workshop on California’s pending corporate climate disclosure laws. These laws will require subject companies to publicly report on...more

Procopio, Cory, Hargreaves & Savitch LLP

California’s Unique Greenhouse Gas Emissions Laws Remain in Effect—For Now

Relief is not immediately in sight for companies subject to key California greenhouse gas emission laws. A federal court in California recently denied a motion for a preliminary injunction to pause compliance with SB-253,...more

Alston & Bird

California Climate Disclosure Laws Survive First Amendment Challenge

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Two California climate disclosure laws have withstood an attempt to block them in a lawsuit challenging their constitutionality. Our Environment, Land Use & Natural Resources Group breaks down what the federal court’s...more

Vinson & Elkins LLP

Ongoing Legal Battle Over California’s Climate-Related Disclosure Laws: District Court Gives Red Light to Preliminary Injunction...

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On August 13, 2025, the U.S. District Court for the Central District of California denied a motion for preliminary injunction to enjoin California Senate Bills 253 and 261. The Chamber of Commerce and five co-Plaintiffs...more

A&O Shearman

UK FCA Findings on Climate Reporting Under the TCFD Regime

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The UK Financial Conduct Authority (FCA) has published the findings from its multi-firm review of climate reporting by asset managers, life insurers and FCA-regulated pension providers under the Taskforce on Climate-related...more

K&L Gates LLP

Australia: Climate-Related Transition Plans–Governing for Net Zero Across the Board

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On 16 July 2025, The Australian Council of Superannuation Investors (ACSI) and the Australian Institute of Company Directors (AICD) published guidance on Governing for Net Zero: The Board’s Role in Organisational Transition...more

Troutman Pepper Locke

Clarity on California’s Climate Disclosure Rules Could Be on the Horizon

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As the January 1, 2026, deadline to make the first required disclosure under California’s landmark climate laws approaches, the California Air Resources Board (CARB) has announced that it will host another virtual public...more

McDermott Will & Schulte

California’s mandatory climate risk disclosure is almost here: Is your company ready?

US public companies put aside their attention on new climate-related disclosure rules adopted in 2024 by the US Securities and Exchange Commission (SEC) because of ongoing litigation challenging these rules and recent changes...more

Jones Day

FCA Publishes Its Findings On TCFD Climate Reporting Following A Multi-firm Review

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On August 6, the UK Financial Conduct Authority ("FCA") released its findings following a multi-firm review of climate reporting by asset managers, life insurers and FCA-regulated pension providers....more

Fenwick & West LLP

CARB Announces Second Virtual Public Workshop on California’s Climate Disclosure Rules

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The California Air Resources Board (CARB) announced last week that it will hold its second virtual public workshop to support the development of California’s Corporate Greenhouse Gas Reporting Program, established by Senate...more

Alston & Bird

Sustainability Spotlight | Q2 2025

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Welcome to the latest edition of the Sustainability Spotlight, your place to keep up with all the ESG action – federal and state enforcement, shareholder proposals and litigation, and state attorney general actions. This...more

Ropes & Gray LLP

California Air Resources Board Announces Second Virtual Public Workshop – Thirteen Days to Go

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Late yesterday, the California Air Resources Board scheduled a new virtual public workshop. The workshop will be held on Thursday, August 21 at 9:30 a.m. Pacific Time. More information on what will be covered at the workshop...more

Mintz

European Union Proposes Reduction in Climate Reporting Obligations

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Last week, significant revisions were proposed to the European Union's ESG reporting rules, which reflect a major simplification and reduction in reporting obligations. Among other things, the revisions would reduce...more

Mintz - Energy & Sustainability Viewpoints

Sustainable Energy & Infrastructure Litigation Updates — August 2025

There was a noteworthy development in the ongoing legal challenge to the SEC’s mandatory climate disclosure law (dating from the Biden administration), which is currently pending in the Eighth Circuit. Following the decision...more

Wilson Sonsini Goodrich & Rosati

Preparing for SB 261: Climate-Related Financial Risk Disclosure Reports Due by January 1, 2026, for Covered Companies

SB 261 requires companies with over $500 million in total annual revenue that do business in California to publish a climate-related financial risk report (Risk Report) by January 1, 2026, and every two years thereafter,...more

DLA Piper

Horizon - ESG Regulatory News and Trends - July 2025

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Welcome to Horizon, DLA Piper’s monthly bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more

A&O Shearman

The UK consults on its draft Sustainability Reporting Standards

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What do businesses need to know, and how can they prepare? Introduction - On June 25, 2025, the UK government initiated a consultation (the Consultation) on the exposure draft of the UK Sustainability Reporting Standards...more

K&L Gates LLP

June 2025 ESG Policy Update—Australia

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Australian Update - ASIC Includes Climate-Related Disclosures in its Financial Reporting and Audit Focus Areas for FY2025-26 - The Australian Securities and Investments Commission (ASIC) has published its financial reporting...more

Jones Day

Legal Questions for Your Sustainability Team #3

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This series of posts seeks to identify legal questions that can add definition and value to the good work that sustainability teams are doing. Our last post focused on whether the revenue used to evaluate the applicability...more

A&O Shearman

FSB update on progress under 2021 roadmap on climate-related risks

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The Financial Stability Board (FSB) has published its 2025 progress report on the implementation of its 2021 Climate Roadmap. The report provides a factual overview of progress made across four key areas: disclosures, data,...more

Jones Day

GRI Releases New Climate and Energy Standards – Significant Reporting Changes Ahead

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The Global Reporting Initiative (GRI) published two new topic standards—GRI 102: Climate Change (2025) and GRI 103: Energy (2025). These standards will replace GRI 305: Emissions (2016), GRI 302: Energy (2016), and Disclosure...more

Fenwick & West LLP

Important State Law Developments

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Companies doing business in Texas and California should be aware of the following state law developments, which could affect them....more

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