News & Analysis as of

Disclosure Requirements Biden Administration Greenhouse Gas Emissions

Baker Donelson

Red Tape or Green Future? Unpacking California's Climate Disclosure Laws and the Pushback

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As the federal government works to roll back climate regulations and climate-focused initiatives, states are developing avenues to fill in the gaps left behind. In 2024, the Securities and Exchange Commission (SEC) adopted...more

Mintz

SEC Abandons Climate Disclosure Rule

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As expected, the SEC under the Trump Administration has abandoned the climate disclosure rule promulgated by the Biden Administration. Specifically, as stated in a court filing today, “the Commission has determined that it...more

DLA Piper

SEC Climate Disclosure Rules: Four Potential Paths Under President Trump

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The US Securities and Exchange Commission (SEC) adopted landmark final rules (Climate Disclosure Rules, or Rules) in March 2024 intended to enhance and standardize climate-related disclosures for publicly listed companies....more

Morrison & Foerster LLP - Government...

Proposed Greenhouse Gas FAR Clause Withdrawn as Inauguration Approaches

The Biden Administration withdrew a proposed climate change-inspired amendment to the Federal Acquisition Regulation (FAR) one week before former President Donald Trump’s return to the White House. According to a notice...more

Wiley Rein LLP

FAR Council Withdraws Rulemakings on Pay Transparency and Contractor Disclosure of Greenhouse Gas Emissions

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WHAT: The Federal Acquisition Regulatory Council (FAR Council) announced this week that it is withdrawing two proposed rules. First, it withdrew a January 2024 proposed rule that sought to prohibit government contractors from...more

Mintz

Gov. Newsom Signs California Climate Disclosure Bills, Although Expressing a Degree of Skepticism Concerning Timing and Cost

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On October 7, 2023, Governor Gavin Newsom of California signed into law two climate disclosure bills passed by the California Legislature. These laws now require that "by January 1, 2025 . . . businesses with total annual...more

Mintz

SEC Re-Affirms Commitment to Climate Risk Disclosure Rule

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On September 12, 2023, SEC Chairman Gensler testified before the Senate concerning a number of significant issues for the SEC. Among them was the SEC's still-pending rule on climate risk disclosures, which was first proposed...more

ArentFox Schiff

The Generative AI Revolution: Key Impacts to the Environmental & Energy Sectors

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Generative artificial intelligence (AI) is transforming the way we live and work. At its core, AI is the ability of machines to think and learn without encoded commands, mimicking our own cognition. Within two months of its...more

Fenwick & West LLP

Responding to the Biden Administration’s Climate Agenda: What Public Companies and Federal Suppliers Need to Know

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Since the start of the Biden administration in January 2021, there has been an increased focus on combatting climate change, including regulatory actions and initiatives to increase disclosure by corporations regarding their...more

WilmerHale

Biden Administration Proposes Climate Disclosure Rules for Federal Contractors

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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

Akin Gump Strauss Hauer & Feld LLP

Proposed Changes to the Federal Acquisition Regulation Addressing Disclosure of Greenhouse Gas Emissions and Climate-Related...

In November 2022, the U.S. government, acting through the Department of Defense, General Services Administration, and National Aeronautics & Space Administration, issued a proposed rule that would amend the Federal...more

Sheppard Mullin Richter & Hampton LLP

Proposed Rule Requires Contractors to Disclose Greenhouse Gas Emissions and Climate-Related Financial Risk

On November 14, 2022, the Department of Defense (DoD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA) published a proposed rule that would amend the Federal Acquisition...more

Venable LLP

White House Announces Federal Supplier Climate Risks and Resilience Rule - How This Will Impact Federal Government Contractors

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In accordance with the Biden administration's Federal Sustainability Plan, on November 14, 2022, President Biden proposed the Federal Supplier Climate Risks and Resilience Rule. The goal of the proposal, as described by the...more

Mintz

Biden Administration Proposes That Federal Contractors Must Disclose GHG Emissions

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Last Thursday, the Biden Administration proposed that all federal contractors (except those receiving less than $7.5 million annually in contracts) be required to, among other things, disclose their GHG emissions....more

Jones Day

The Climate Report | Second Quarter 2022

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REGULATORY ISSUES & UPDATES - UK Introduces New Climate-Related Disclosure Regulations for UK Companies and LLPs - The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 ("the...more

Mintz

Political Criticism by Congressional Republicans of SEC Proposal on Mandatory Climate Disclosures

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The SEC has received two comment letters from members of Congress--one from the House of Representatives and one from the Senate--criticizing its proposal for mandatory climate disclosures....more

K&L Gates LLP

SEC Issues Climate-Related Risk Disclosure Rule Proposal

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The Biden administration has prioritized environmental, social, and governance (ESG) risks to capital markets, particularly climate-related financial risks (discussed in our previous alert, Biden Administration ESG Activity...more

King & Spalding

SEC Proposes Rules Standardizing Climate-Related Disclosures

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On March 21, 2022, the Securities and Exchange Commission (SEC) proposed widely anticipated rules that would require registrants to provide specified climate-related information in registration statements and periodic...more

Holland & Knight LLP

SEC Proposes Sweeping Climate-Related Disclosure Rules

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The U.S. Securities and Exchange Commission (SEC) on March 21, 2022, proposed rules that would require registrants to disclose information regarding climate-related risks in certain periodic reports and registration...more

Mintz

SEC Issues Proposed Regulation on Mandatory Climate Disclosures

Mintz on

On March 21, 2022, the SEC finally issued a proposed rule on mandatory climate disclosures. This proposed rule has been expected for some time--it was widely anticipated to be a centerpiece of the Biden Administration's...more

Vinson & Elkins LLP

Using Federal Procurement to Combat Climate Change: Recent Developments and Potential Paths Forward

Vinson & Elkins LLP on

With respect to federal procurement, EO 14030 proposes to integrate climate disclosure and impact reduction efforts into the acquisition process. Specifically, EO 14030 requires that the Federal Acquisition Regulatory (“FAR”)...more

Latham & Watkins LLP

President Biden Presents a Roadmap for Mitigating the Climate Crisis

Latham & Watkins LLP on

A new national strategy report aims to combat climate-related risks to the US financial system. On October 14, 2021, the Biden Administration issued “A Roadmap to Build a Climate-Resilient Economy” (the Roadmap), a...more

Mintz

IPCC Sixth Assessment Report Emphasizes Dangers of Climate Change

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On August 9, 2021, the IPCC released its Sixth Assessment Report (https://www.ipcc.ch/report/ar6/wg1/#SPM), which emphasized the dangers of climate change, and that many of the risks associated with climate change are now...more

Bass, Berry & Sims PLC

Potential Federal Regulation of ESG Disclosure: A Whirlwind of Activity

While we have seen an increased focus on environmental, social and governance (ESG) disclosure the last few years, there has been a whirlwind of activity during the last six months by President Biden, Congress and the...more

Mayer Brown Free Writings + Perspectives

The US Moving Toward Adopting New Climate Disclosures

On June 21, 2021, US financial regulators met with US President Joe Biden to discuss the US economy and update him on their efforts to address climate-related risks.  According to the White House readout of the meeting, the...more

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