News & Analysis as of

Sustainability Reporting Requirements Greenhouse Gas Emissions

Ropes & Gray LLP

ISS Announces Update of E&S Disclosure QualityScore Methodology, Coming in September

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ISS has announced that it will be updating its Environmental & Social Disclosure QualityScore (ESQS) scoring methodology. ESQS covers approximately 8,000 issuers across 25 industry groups in the Americas, Europe and...more

Jones Day

Legal Questions for Your Sustainability Team #4

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This series seeks to identify legal questions that can add definition and value to the good work that sustainability teams are doing. ...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

Jones Day

Legal Questions for Your Sustainability Team #2

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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 the applicability of the climate-related financial...more

Morrison & Foerster LLP

EU Sustainability Reporting Unpacked: Latest Developments on the Omnibus Package and ISSB Interoperability

The Omnibus Simplification Package, launched by the European Commission in February 2025, aims to substantially reduce the compliance burden for corporate sustainability in the EU. The package focuses on amending the...more

Ropes & Gray LLP

EFRAG’s June 20 Progress Report Provides An Early Look at Proposed Changes to CSRD Reporting

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Reporting under the EU’s Corporate Sustainability Reporting Directive (CSRD) will be simplified as part of the Omnibus process. In connection with the Omnibus, EFRAG was mandated to provide technical advice to the European...more

Fenwick & West LLP

New York Passes on Mandatory Sustainability Reporting

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New York has failed to adopt climate reporting requirements in the 2025 legislative session, according to Forbes. ...more

Alston & Bird

Sustainability Spotlight | Q1 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

Wilson Sonsini Goodrich & Rosati

Sustainability and ESG Advisory Practice Update, May 2025

We are pleased to share the May 2025 issue of Wilson Sonsini’s Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

Jones Day

Financial Institutions May See Scope 3 Reporting Relief Under ISSB Proposals

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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

Ropes & Gray LLP

International Sustainability Standards Board Launches Public Consultation on Proposed Amendments to IFRS S2 GHG Emissions...

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The International Sustainability Standards Board has released an Exposure Draft proposing targeted amendments to greenhouse gas emissions disclosure requirements under the IFRS S2 Climate-related Disclosures standard. The...more

DLA Piper

Horizon - ESG Regulatory News and Trends - April 2025

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Trump Administration actions - Trump orders DOJ to stop states from enforcing unconstitutional or preempted climate laws. In a sweeping Executive Order (EO) issued on April 8, President Donald Trump has ordered Attorney...more

Jones Day

SBTi Releases Draft Revision of Corporate Net-Zero Standard

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The Science Based Targets initiative (SBTi) has released a 132-page draft revision of the Corporate Net-Zero Standard (Version 2.0). Key proposed changes include...more

Vinson & Elkins LLP

The EU’s Proposed Omnibus Package—Sustainability Reporting Simplified

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The past few years have seen concerted efforts — both domestically and globally — advancing the reporting and disclosure of various climate- and sustainability-related metrics by businesses and investors. One of the most...more

Harris Beach Murtha PLLC

NYC Large Building Owners May Owe Compliance Reports by May 1, 2025

New York Local Law 97 (“LL97”) is a landmark piece of climate legislation enacted as part of New York City’s broader Climate Mobilization Act. Passed in 2019, LL97 aims to drastically reduce greenhouse gas emissions from...more

Wilson Sonsini Goodrich & Rosati

Sustainability and ESG Advisory Practice Update, February 2025

We are pleased to share the February 2025 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more

Vorys, Sater, Seymour and Pease LLP

States Propose New Environmental Disclosure Laws for Apparel and Footwear Industry

Several U.S. states, including Washington, New York, California, and Massachusetts, are proposing new laws targeting apparel and footwear manufacturers, importers, and retailers. These laws aim to regulate the fashion...more

Kilpatrick

New York Introduces Climate Disclosure Legislation Signaling Growing Trend of State-Level Climate Regulation

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In late January 2025, the New York legislature introduced Senate Bills 3456 and 3697, signaling the state’s ongoing commitment to climate-related corporate accountability. These bills build on prior legislative attempts,...more

DLA Piper

Horizon - ESG Regulatory News and Trends - February 2025

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US formally submits notification of withdrawal from Paris Agreement. On January 27, 2025, Dorothy Camille Shea, the US acting ambassador to the United Nations, submitted a notification of withdrawal from the Paris Agreement...more

Mayer Brown

California’s Climate Disclosure Laws: Navigating the Latest Updates

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In late 2023, California enacted “first-of-its-kind” climate-related disclosure laws comprising the following: Climate Corporate Data Accountability Act (California Senate Bill 253 (SB253)) – relating to greenhouse gas...more

Hogan Lovells

California Air Resources Board information solicitation for Climate Disclosure Laws implementation

Hogan Lovells on

California has established itself at the forefront of climate change disclosures with the recent adoption of two laws: the Climate Corporate Data Accountability Act (SB 253), requiring covered entities to disclose greenhouse...more

A&O Shearman

Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025

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The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025 (SI 2025/124) has been published, alongside an explanatory memorandum. It was made on 5 February and comes into force on 31 March. The instrument...more

K&L Gates LLP

January 2025 ESG Policy Update—Australia

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Australian - Update Mandatory Climate-Related Financial Disclosures Come Into Effect - The first phase of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (Cth) (Bill) commenced on...more

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