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With the U.S. Federal Acquisition Regulatory Council expected to finalize its proposed rule on the disclosure of greenhouse gas emissions and climate-related financial risk this year, government contractors should take key steps now to get ready, say Thomas Daley at DLA Piper, Steven Rothstein at the Ceres Accelerator for Sustainable Capital Markets, and John Kostyack at Kostyack Strategies.
The hope in the business world has been that having Patrick McHenry at the helm of the House might add some stability as the U.S. stares down another government shutdown.
As consumers turn to renewable and recyclable products, protests over industry’s use of misleading terms have proliferated
By Aaron Nicodemus2021-03-05T20:11:00+00:00 OK, OK, Securities and Exchange Commission (SEC). We get the message. Climate and ESG-related disclosures will be under increased scrutiny in 2021. Even before the nomination of Gary Gensler, President Joe Biden’s nomination to lead the SEC, is confirmed, the agency has made this new mantra abundantly clear through a flurry of recent statements and new hires. Earlier this week, the agency released the Division of Examination’s 2021 Examination Priorities, which named climate and ESG-related disclosures as the division’s first exam priority. Th...
By Aaron Nicodemus2020-12-16T20:55:00+00:00 The Securities and Exchange Commission (SEC) on Wednesday approved revamped rules laying out what commercial oil, natural gas, and mineral extraction companies must disclose about payments they make to U.S. and foreign governments. The rules had first been issued as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 but were knocked down in a 2012 lawsuit filed by the American Petroleum Institute (API). A second version of the rules was rescinded by Congress in 2017 using the Congressional Review Act (CRA). The SEC issued ...