News & Analysis as of

Reporting Requirements Proposed Rules Climate Change

Morrison & Foerster LLP

Proposed Changes to GHG Protocol Scope 2 Guidelines Threaten to Reshape Corporate Clean Energy Procurement

The World Resource Institute’s Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard (the “GHG Protocol”) has been widely adopted as a framework for companies to report Scope 1, 2, and 3 emissions. By...more

Cozen O'Connor

Update on California's Climate Disclosure Laws: What Companies Need to Know

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On May 29, 2025, the California Air Resources Board (CARB) held a virtual public workshop to discuss forthcoming regulations implementing California’s corporate climate disclosure laws. The workshop focused on the scope of...more

Wiley Rein LLP

Key Insights from California's Kickoff Workshop on Corporate GHG Reporting and Climate Risk Disclosures

Wiley Rein LLP on

On May 29, the California Air Resources Board (CARB) held a public workshop on CA climate disclosure laws. During the workshop, CARB shared a timeline for regulatory development and an overview of initial staff concepts to...more

Maynard Nexsen

Key Takeaways and Lingering Questions from the Public Workshop on California’s Climate Disclosure Rules

Maynard Nexsen on

Status Update - On May 29, 2025, the California Air Resources Board (“CARB”) held a virtual public workshop on California’s climate reporting laws, Senate Bill 253 (The Climate Corporate Data Accountability Act) and...more

Jones Day

California Air Resources Board Offers Direction as to Application of California Climate Disclosure Laws

Jones Day on

On May 29, 2025, a virtual public workshop held by the California Air Resources Board ("CARB") offered direction on how it interprets certain elements of California's climate disclosure laws. While CARB has a July 1, 2025,...more

Troutman Pepper Locke

CARB Workshop on Climate Disclosure Laws: More Questions Than Answers

Troutman Pepper Locke on

On May 29, 2025, the California Air Resources Board (CARB) held a virtual public workshop to review and discuss its rulemaking response to California Senate Bills (SBs) 253, 261, and 219, which require companies that “do...more

Fenwick & West LLP

Takeaways from CARB’s Virtual Workshop Regarding California’s Corporate Climate Disclosure Rules

Fenwick & West LLP on

On May 29, 2025, The California Air Resources Board (CARB) held a virtual workshop to “support the development of California’s Corporate Greenhouse Gas Reporting Program” reflected in the Climate Corporate Data Accountability...more

Ropes & Gray LLP

Complying With California’s New Climate Disclosure Laws – Takeaways for Reporting Companies from the California Air Resources...

Ropes & Gray LLP on

The California Air Resources Board held an almost four hour virtual public workshop on May 29 on California’s pending climate risk and greenhouse gas emissions disclosure laws. The stated purpose of the workshop was to...more

Akin Gump Strauss Hauer & Feld LLP

New York Proposes Mandatory Greenhouse Gas Reporting Program

In a significant step toward enhancing transparency and supporting the state’s ambitious climate goals, the New York State Department of Environmental Conservation (DEC) has introduced draft regulations for a Mandatory...more

Jones Day

Financial Institutions May See Scope 3 Reporting Relief Under ISSB Proposals

Jones Day on

The International Sustainability Standards Board (ISSB) proposed targeted amendments to IFRS S2 Climate-related Disclosures standard, followed by similar changes from the Australian Accounting Standards Board (AASB) to its...more

Jones Day

California Kicks Off Public Workshops on Corporate Climate Disclosure Rules

Jones Day on

The California Air Resources Board (CARB) will host a virtual public workshop on May 29, 2025, to begin formal discussions on developing the state's new Corporate Greenhouse Gas Reporting and Climate-Related Financial Risk...more

Proskauer - Regulatory & Compliance

The SEC Votes to “End its Defense” of Climate Change Rules

As previously reported, SEC Asks Court to Put Climate Change Litigation on Hold, the SEC had asked the court to suspend litigation in the U.S. Court of Appeals for the 8th Circuit challenging its new climate change disclosure...more

Jones Day

2024 GHG Reporting Deadline Extended

Jones Day on

EPA has extended the reporting deadline under the Greenhouse Gas ("GHG") Reporting Rule for reporting year 2024 data from March 31, 2025, to May 30, 2025. Under the rule, owners and operators of facilities that are direct...more

Jones Day

The Climate Report | First Quarter 2025

Jones Day on

New Carbon Removal Certification Framework in Europe - A voluntary certification framework adopted by the EU aims to enhance the credibility and transparency of carbon removal activities within the EU to support its...more

Jones Day

PHMSA Issues Proposed Rule Seeking to Impose Enhanced Safety and Operational Requirements on Carbon Dioxide Pipelines

Jones Day on

On January 10, 2025, the Pipeline and Hazardous Materials Safety Administration ("PHMSA") issued a proposed rule setting forth revisions to the federal Pipeline Safety Regulations ("PSR") (49 C.F.R. Parts 190-99) to include...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

Fenwick & West LLP

Securities Law Update - August 2024

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Welcome to the latest edition of Fenwick’s Securities Law Update. This issue contains news on...more

NAVEX

SEC Rule or Not, Keep Your Eye on the Climate Change Ball

NAVEX on

The U.S. Securities and Exchange Commission recently announced that its long-awaited greenhouse gas disclosure rule will be delayed yet again, most likely until April 2024. This raises an important question for compliance and...more

Beveridge & Diamond PC

Washington State Proposes Sweeping Changes to Key Greenhouse Gas Regulation

On July 13, 2023, the Washington State Department of Ecology (Ecology) published proposed amendments to Chapter 173-443 WAC, Hydrofluorocarbons (HFCs). Key provisions of the Proposed Rule include...more

Mintz - Securities & Capital Markets...

Caremark Liability Following the SEC’s New ESG Reporting Requirements

Recent developments in the Court of Chancery concerning a corporate board’s duty to monitor and provide oversight over a corporation’s operations, so-called Caremark claims, are likely to intersect with the Securities and...more

Holland & Hart LLP

Proposed FAR Rule Creates Climate-Related Inventory and Disclosure Requirements for Federal Contractors

Holland & Hart LLP on

On November 14, 2022, the Federal Acquisition Regulation ("FAR") Council issued a proposed rule that may require certain federal contractors to disclose their greenhouse gas ("GHG") emissions and associated financial risk....more

Wilson Sonsini Goodrich & Rosati

SEC Reopens Comment Periods for Certain Rulemaking Releases

On October 7, 2022, the U.S. Securities and Exchange Commission (SEC) announced that it will reopen the public comment periods for 11 rulemaking releases and one request for comment due to a technological error that resulted...more

BCLP

ESG Aspirations vs. Operations - Momentum in Emerging Greenwashing & Diligence Risks

BCLP on

Increasing focus on ESG related progress is both commendable and imperative. The scrutiny extends beyond renewables, alternative energy, industrials and carbon impact, to all facets of global business including banks and...more

Lippes Mathias LLP

Climate Change Reporting: The Basic Requirements under the SEC’s Proposed Rule

Lippes Mathias LLP on

On March 21, 2022, the U.S. Securities and Exchange Commission (SEC) issued a Notice of Proposed Rulemaking on the “Enhancement and Standardization of Climate-Related Disclosure for Investors” (Proposed Rule). Per the SEC’s...more

Holland & Hart LLP

Buckle Up for the SEC's Mandatory Climate Change Reporting Ride

Holland & Hart LLP on

On March 21, 2022, the US Securities and Exchange Commission (the "SEC") proposed rules governing the "Enhancement and Standardization of Climate-Related Disclosures for Investors." ...more

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