News & Analysis as of

Environmental Social & Governance (ESG) Risk Management Climate Change

J.S. Held

Enterprise AI Implementation in Heavy Industry: A Digital Transformation Strategy for Sustainable Growth

J.S. Held on

Enabling Responsible AI Adoption in Heavy Industry - Artificial intelligence (AI) is reshaping heavy industries—including energy, manufacturing, and natural resources—by driving efficiencies, reducing costs, enhancing...more

McDermott Will & Emery

Canaries and coal mines, US insurers and climate change

McDermott Will & Emery on

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

Ropes & Gray LLP

Five Takeaways from CARB’s July 9 FAQs on California’s New Corporate Climate Disclosure Requirements

Ropes & Gray LLP on

The California Air Resources Board (CARB) has published seven pages of FAQs on California’s corporate greenhouse gas reporting and climate-related financial risk disclosure programs. These disclosure requirements are...more

Walkers

Trustees, ESG and Investments – key considerations

Walkers on

As global attention sharpens on climate change and social justice issues, sustainability and responsible governance are increasingly becoming higher priorities for 'Millennial' and 'Gen Z' Beneficiaries....more

Mayer Brown

Out With a Whimper: BCBS Publishes Climate Disclosure Framework

Mayer Brown on

On June 13, 2025, the Basel Committee on Banking Supervision (“BCBS”) published its framework for the disclosure of climate-related financial risks. The framework is entirely voluntary and has several notable changes from...more

A&O Shearman

EBA releases ESG dashboard with key indicators on climate risk in the EU/EEA banking sector

A&O Shearman on

The European Banking Authority (EBA) has released an ESG dashboard, accompanied by a press release, establishing a comprehensive framework to improve the monitoring of climate-related risks within the EU/EEA banking sector...more

Pillsbury - Policyholder Pulse blog

Parametric Insurance: The Future-Proof Solution for Enterprise Risk

In today’s fast-paced and increasingly unpredictable global environment, large enterprises face mounting risks—natural catastrophes, climate-related disruptions, supply chain breakdowns and emerging digital threats....more

Pullman & Comley, LLC

The Impact of Natural Disasters on Municipal Financing and Disclosure

Pullman & Comley, LLC on

The wildfires in Southern California earlier this year were another sobering reminder of the devastating impact of natural disasters on local communities, and Connecticut is certainly not immune....more

A&O Shearman

Pensions: What’s new this week? April 14, 2025

A&O Shearman on

Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. TPR Climate change report - The Pensions Regulator (TPR) has...more

Jones Day

The ICVCM and REDD+ Standards: Implications for Voluntary Carbon Markets

Jones Day on

REDD+ stands for Reducing Emissions from Deforestation and Forest Degradation, with the "+" representing the additional focus on conservation, sustainable management, and forest carbon stock enhancement. Originally formalized...more

A&O Shearman

IOSCO publishes 2025 Work Program

A&O Shearman on

The International Organization of Securities Commissions (IOSCO) has published its 2025 Work Program, setting out its ongoing and planned initiatives for 2025. These include: (i) prioritising issues related to non-bank...more

Hinshaw & Culbertson - Insights for Insurers

Sustainability Recalibration: What Insurers and Policyholders Should Know About ESG Under Trump 2.0 Part 2

Environmental, social, and governance (ESG) criteria or standards or sustainability issues have impacted all sectors of society, including corporate and professional policyholders and their risk managers, insurance...more

Hogan Lovells

Important update for the banking, payments and lending sectors: the Central Bank of Ireland (CBI) highlights its key risks and...

Hogan Lovells on

The Central Bank of Ireland’s (CBI) Regulatory and Supervisory Outlook 2025 outlines key risk topics which it deems to be most material from a supervisory perspective across the Banking and Payments Sector. Under section four...more

A&O Shearman

EBA report on data availability and feasibility of a common methodology for ESG exposures

A&O Shearman on

The European Banking Authority (EBA) has published a report on the data availability and feasibility of a common methodology for ESG exposures. In accordance with the mandate under Article 501c(1) of Regulation 575/2013...more

NAVEX

The Future of ESG: Navigating a Fragmented Landscape 

NAVEX on

In today’s polarized and politically charged climate, few topics spark as much debate as ESG. Once a niche concern limited to green investors and idealistic board members, ESG has evolved into a mainstream business priority....more

Jones Day

SEC Signals It Will Abandon Defense of Climate Disclosure Rule

Jones Day on

Acting Securities and Exchange Commission ("SEC" or the "Commission") Chairman Mark Uyeda directed SEC staff to request that the Eighth Circuit Court of Appeals not schedule an oral argument in the pending litigation...more

Mayer Brown

Sustainable Commercial Paper: Short-Term Paper, Long-Term Impact

Mayer Brown on

Over the past few years, we have seen growing interest in Commercial Paper (CP) programmes with a sustainable focus. Traditionally used by corporations, financial institutions, sovereigns, and other issuers for...more

White & Case LLP

Issuers’ new obligation to disclose sustainability information

White & Case LLP on

On January 28, 2025 a resolution amending the General provisions applicable to issuers and other participants in the securities market (the "Resolution") was published in the Federal Official Gazette, to include obligations...more

Beveridge & Diamond PC

Changing Climate for Corporate Disclosures: SEC Mandates Climate Disclosures for Public Companies (Updated)

Beveridge & Diamond PC on

Update: On February 11, 2025, acting SEC Chairman Mark Uyeda issued a statement changing the SEC’s position on the Final Climate Rules. Chairman Uyeda states that he “continue[s] to question the statutory authority of the...more

Lowenstein Sandler LLP

Going and Staying Green: Sustainability in Real Estate

Today on “Terra Firma: Conversations on Commercial Real Estate,” Stacey C. Tyler and Zachary L. Berliner talk with Alex Lassiter, the CEO and founder of Greenplaces, which helps businesses navigate the complexities of carbon...more

Pillsbury Winthrop Shaw Pittman LLP

New ASTM Standard Aims to Facilitate Assessing Climate Risk and Resilience Considerations

Owners, lenders and investors in real property have long relied on ASTM E 1527-21, a product of ASTM International, in connection with Phase I Environmental Site Assessments. This product is used to establish that “all...more

A&O Shearman

Miners explore next-gen joint ventures in pursuit of sustainability

A&O Shearman on

The mining industry’s largest players are exploring cross-sector alliances to advance innovation programs and achieve sustainability goals. Matthew Johnson, Lachlan Poustie and Cynthia Urda Kassis ask which key elements...more

A&O Shearman

Financial Stability Board analytical framework and toolkit to assess climate-related vulnerabilities

A&O Shearman on

The Financial Stability Board published a report containing a framework and analytical toolkit to assess climate-related vulnerabilities. The report introduces an analytical framework that the FSB will use to trace how...more

A&O Shearman

European Banking Authority publishes draft guidelines on ESG scenario analysis

A&O Shearman on

The European Banking Authority has published a consultation paper on its draft guidelines on ESG scenario analysis. For institutions using ..the internal ratings-based approach for calculating the own funds requirements for...more

Cooley LLP

Sustainability Reports Are Getting Longer – Is That a Good Thing?

Cooley LLP on

As I get older, my motto has been “less is more.” That certainly works for a mindful lifestyle. And it also works for pickleball, as one learns to hit the ball softly and place it cleanly rather than banging away at it to...more

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