On 12 April, the European Supervisory Authorities (ESMA, EBA, and EIOPA1) published a Consultation Paper proposing amendments to the European Commission’s Regulatory Technical Standards that implement Europe’s comparativelyContinue Reading SFDR Update: European Regulators Issue New Consultation & European Commission Provides New Guidance
The European Parliament (Parliament) enacted significant change to the proposed European Union (EU) Regulation for a Carbon Border Adjustment Mechanism (CBAM) in June 2022, as reported in an earlier GT…Continue Reading CBAM on Track to Take Effect in October 2023
Four Environmental Practice shareholders from global law firm Greenberg Traurig, LLP are listed in the Lawdragon Green 500: Leaders in Environmental Law guide.
The guide recognizes the following Greenberg…Continue Reading 4 Greenberg Traurig Attorneys Listed in Lawdragon Green 500: Leaders in Environmental Law
Continuing the trend toward protecting environmental justice communities, New York Gov. Hochul is expected to sign a chapter amendment to a recently passed bill that would have established new standards…Continue Reading New York Adopts New Environmental Justice Law That Requires Consideration of ‘Disproportionate Impacts’ on Disadvantaged Communities for Permit Issuance and Renewal
Now that the New York State Climate Action Council adopted the final scoping plan, the Climate Leadership and Community Protection Act requires the Department of Environmental Conservation to adopt regulations to enforce emissions mandates consistent with the Plan, which must be promulgated by Jan. 1, 2024. …
Continue Reading New York State Climate Action Council Adopts Final Scoping Plan to Achieve Climate Goals
Some institutional investors, like pension funds, have insisted that their portfolio only include stock in corporations with high ESG ratings. That, of course, has led corporations to look for ways meet that investor demand.
Continue Reading Clients: How Risky Is a Shift in Your ESG Approach?
The 2022 Monaco Memo highlights two “core principles” regarding voluntary self-disclosure. First, absent aggravating factors, DOJ will not “seek a guilty plea when a company has voluntarily self-disclosed, cooperated, and…Continue Reading DOJ’s Updated Corporate Crime Policies: Practical Considerations in the Environmental Context
EU law requires certain large companies to disclose non-financial information on the way they operate and manage social and environmental challenges. The current disclosure regime was introduced in 2014 by…Continue Reading EU to Make Changes to Its Sustainability Reporting Rules and Impose New Obligations on Non-European Companies
After much anticipation, on March 24, 2022, the Securities and Exchange Commission (SEC) proposed a series of new and extensive disclosure rules that would require all registered companies, including foreign…
Continue Reading SEC Proposes Comprehensive Package of Climate-Related Disclosure Rules