A final rule the U.S. Securities and Exchange Commission adopted on August 26, 2020 and effective 30 days after publication in the Federal Register may be more significant for what is not in the rule. The rule is silent on ESG disclosures, including nary a mention of climate risk, but as described below the results … Continue Reading
A great deal of attention has been paid in recent days to a 5 year old Securities and Exchange Commission guidance, “Commission Guidance Regarding Disclosure Related to Climate Change,” which seeks to provide transparency to investors on the material risks posed by climate change. Recently The Los Angeles Times reported Exxon Mobil is under investigation … Continue Reading
In recent weeks this law firm has received more inquiries than at any time in recent years about the Securities and Exchange Commission’s disclosure requirements for public companies as they apply to climate change matters. Possibly the Environmental Protection Agency’s proposed rule for emission reductions for existing power plants triggered this heightened level of interest … Continue Reading
