News & Analysis as of

Oil & Gas Climate Change Corporate Governance

ArentFox Schiff

Three Takeaways From $745 Million Louisiana Verdict Against Chevron for Coastal Wetland Damage

ArentFox Schiff on

Public companies can face significant liability based on past operations. While most industrial companies have long-term experience evaluating potential remediation obligations imposed by laws such as the federal...more

Oliva Gibbs

ESG Deception or Overreach – Understanding the Landscape of Greenwashing Litigation

Oliva Gibbs on

In addition to the risk of regulatory enforcement actions and penalties, the court system continues to be used as a battleground for climate issues through litigation against oil and gas (“O&G”) companies....more

Cadwalader, Wickersham & Taft LLP

EU-Based Asset Managers Press J-Power on GHG Emissions Targets and Disclosures, Signaling Shift in Focus to Japan

In May 2023, the shareholder advocacy group Australasian Centre for Corporate Responsibility (ACCR), HSBC Global Asset Management (UK) Limited and Amundi Asset Management filed shareholder resolutions pressing Japanese power...more

Cadwalader, Wickersham & Taft LLP

SEC Receives Complaint of Alleged Greenwashing by International Energy Company

On February 1, 2023, Global Witness – an international non-governmental organization – filed what it called a “groundbreaking greenwashing complaint” with the Securities and Exchange Commission (SEC)’s Climate and ESG Task...more

Cadwalader, Wickersham & Taft LLP

Kentucky Is Latest State to Blacklist Financial Institutions Over ESG Policies

To ring in the new year, Kentucky’s Treasurer, Allison Ball, announced a list of eleven financial institutions that she claims are engaged in “energy company boycotts.”  According to Ball, the list “was crafted after careful...more

Opportune LLP

Top 3 Ways ESG Is Shaping The Energy Transition

Opportune LLP on

No longer viewed as a fringe concept, ESG has taken off in popularity over the last several years and evolved into a business imperative for companies to generate long-term value for their stakeholders, including members of...more

Skadden, Arps, Slate, Meagher & Flom LLP

H1 2022 – ESG Trends and Expectations

Environmental, social and governance (ESG) considerations continued to play a key role in the first six months of 2022, with geopolitical circumstances resulting in a reexamination of a number of ESG beliefs. In our 11...more

Winstead PC

SEC’s Fort Worth Regional Office Investigating Underwriter Disclosures on Environmental, Social, and Governance Issues

Winstead PC on

It’s not a secret that, under the Biden administration, the Securities and Exchange Commission has prioritized enforcement of disclosures concerning Environmental, Social, and Governance Issues (ESG), going so far as to form...more

Opportune LLP

Top 3 Reasons Why Digital Transformation Is Key To The ‘E’ In ESG

Opportune LLP on

Find out why the intersection of digital transformation and ESG is more tightly woven than ever. ...more

Opportune LLP

What Does The Future Hold For ESG Reporting?

Opportune LLP on

As more ESG-linked funds flood the financial markets, increased scrutiny around ESG reporting will be necessary to enhance transparency....more

BCLP

Momentum Shifts as Investors Consider Growing Link Between ESG and EPS

BCLP on

A trio of recent developments illustrate growing support for Environmental Social and Governance (ESG) initiatives in the U.S., as well as abroad. ESG regulatory and legal risks now appear top of mind for institutional...more

Opportune LLP

3 Reasons Why ESG Is Here To Stay In The Oil & Gas Industry

Opportune LLP on

Find out why ESG and sustainability investing will likely be a permanent fixture among oil and gas companies, as well as their investors and stakeholders, for years to come....more

Gray Reed

Oil and Gas Producers – ESG is Here To Stay

Gray Reed on

The focus from many quarters on “Environmental, Social, & Governance” is intensifying. If you attended TIPRO’s annual summer conference week before last you heard Rep. Kenny Marchant confirm his belief that ESG considerations...more

Bennett Jones LLP

ExxonMobil Wins Climate Change Securities Battle Against New York but the War Continues

Bennett Jones LLP on

More than four years of contentious litigation concluded this month when the Supreme Court of the State of New York released its judgment in the People of the State of New York v Exxon Mobil Corporation. The Court found...more

Bennett Jones LLP

Summary of Actions Against Exxon Mobil for Securities Fraud

Bennett Jones LLP on

Since 2013, investors in Exxon Mobil Corporation ("Exxon") stock have consistently shown an interest in understanding how the effects of climate change will impact their investment. Over the years, in response to these...more

Foley Hoag LLP - Global Business and Human...

Five on Friday – Five Recent Developments that We’ve Been Watching Closely - January 2018

It’s Friday and time for another overview of developments in the field of business and human rights that we’ve been monitoring. This week’s post includes: a lawsuit by the City of New York seeking compensation for the...more

Thomas Fox - Compliance Evangelist

Across the Board-Episode 6, will your assets be stranded?

In this episode, I visit with Rakhi Kumar, the Managing Director, Head of ESG Investing and Asset Stewardship for State Street Global Advisors (SSGA) on the firm’s recent white paper entitled, “SSGA’s Perspective On Effective...more

Akin Gump Strauss Hauer & Feld LLP

Top 10 Topics for Directors in 2016: Strategic Planning Considerations

Strategic Planning Considerations - Strategic planning continues to be a high priority for directors and one to which they want to devote more time.i Figuring out where the company wants to — and where it should want to...more

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