SEC
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FAR Council Withdraws Proposed GHG Disclosure Rule as CARB Seeks Input on Implementation of Climate Disclosure Laws
On January 13, the Federal Acquisition Regulatory (FAR) Council withdrew the greenhouse gas (GHG) disclosure rule that it proposed in late 2022. As explained previously, the proposed rule would have required certain federal contractors to disclose their scope 1-3 GHG emissions and set science-based targets to reduce same, with the scope 3 disclosure and science-based… Continue reading
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SEC Enforcement Division’s ESG Task Force “Lifts the Vale” on Its Scrutiny of ESG Disclosures
Since early 2021, the SEC has emphasized that ESG-related issues are important to investors and a key SEC disclosure and enforcement priority. Although the agency’s heightened focus on these issues led to the recent proposal for new climate disclosures, the SEC also has made clear that it would seek to bring cases under existing law… Continue reading
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The SEC’s Proposed Climate-Related Disclosure Rules: Are They the “Core Bargain,” a “Watershed Moment,” or “Undermin[ing] the Existing Regulatory Framework”?
Earlier this week, the Securities and Exchange Commission (“SEC”) approved the issuance of proposed new disclosure rules [cited as “PR, p. __”], titled The Enhancement and Standardization of Climate-Related Disclosures for Investors, that would require both domestic and foreign public companies to provide certain climate-related information in their registration statements and annual reports and certain… Continue reading
Alexander J. May, Anthony S. Barkow, Brandon D. Fox, Carissa Coze, Charles D. Riely, Christine Braamskamp, Climate, Corporate Environmental Lawyer, David Bitkower, Erin R. Schrantz, Gabrielle Sigel, GHG, Greenhouse Gas, Jenner & Block, Joseph P. Gromacki, Katya Jestin, Kevin T. Collins, Kyoto, Matthew E. Price, Michael R. Greubel, Randall E. Mehrberg, SEC, Steven M. Siros, Suedeen G. Kelly, TaeHyung Kim, Thomas S. O’Neill -
SEC’s Upcoming Proposed Rule for Climate Disclosures: Will It Be as “Decision-Useful” as the Ingredients Label for “Fat-Free Milk”?
The Securities and Exchange Commission (“SEC”) is meeting this Monday, March 21, to determine whether to propose amendments to existing law to “enhance and standardize registrants’ climate-related disclosures.” Continue reading