Our recent Client Alert outlines how recent amendments approved by the European Parliament will substantially reduce the scope of the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), and are expected to exempt a significant proportion of companies that are currently in scope. Companies that
Continue Reading EU Rolls Back CSRD Reporting and Corporate Sustainability Due Diligence ObligationsCARB Announces Non-Enforcement of SB 261 Amid Ninth Circuit Injunction
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On December 1, 2025, the California Air Resources Board (CARB) announced in an enforcement advisory that it would not enforce SB 261 against covered companies that do not submit climate-related financial risk reports (Risk Reports) by the January 1, 2026, deadline. This announcement follows the Ninth Circuit Court of Appeals’ (Ninth Circuit) injunction against the enforcement of SB 261 during the pendency of appellate proceedings in litigation challenging SB 261 and SB 253. For more information on the Ninth Circuit’s injunction, please see our client alert.Continue Reading CARB Announces Non-Enforcement of SB 261 Amid Ninth Circuit Injunction
The Ninth Circuit Stays Enforcement of SB 261
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On November 18, 2025, the Ninth Circuit Court of Appeals (the Court) granted an injunction that stays enforcement of SB 261 while the Court reviews an appeal related to the ongoing litigation challenging SB 261 and SB 253 on First Amendment grounds. SB 261 requires public and private companies with…
Continue Reading The Ninth Circuit Stays Enforcement of SB 261Eighth Circuit Pauses SEC Climate Disclosure Rule Litigation
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On September 12, 2025, the U.S. Court of Appeals for the Eighth Circuit issued an order to hold the petitions challenging the SEC’s climate disclosure rules in abeyance, pending further action from the SEC. The order follows the SEC’s July 23, 2025, status report, which stated that the SEC does…
Continue Reading Eighth Circuit Pauses SEC Climate Disclosure Rule LitigationTakeaways from CARB’s Workshop on California’s Corporate Greenhouse Gas Reporting Program
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Our recent Client Alert provides a useful summary of the current state of play regarding the development of California’s corporate greenhouse gas reporting and climate-related financial risk disclosure programs (CA Climate Disclosure Laws). In late August, the California Air Resources Board, or CARB, held its second virtual public workshop as…
Continue Reading Takeaways from CARB’s Workshop on California’s Corporate Greenhouse Gas Reporting ProgramCARB to Host Public Workshop on Implementation of California Climate Disclosure Laws
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On August 7, 2025, the California Air Resources Board (CARB) announced that it will hold a virtual public workshop on Thursday, August 21, 2025, from 9:30 a.m. to 12:30 p.m. Pacific Time “to support the development of California’s Corporate Greenhouse Gas Reporting Program.” This reporting program was established by Senate…
Continue Reading CARB to Host Public Workshop on Implementation of California Climate Disclosure LawsPreparing for SB 261: Climate-Related Financial Risk Disclosure Reports Due by January 1, 2026, for Covered Companies
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Our recent Client Alert provides an important update on SB 261, California’s Climate-Related Financial Risk Act. The California Air Resources Board (CARB), the regulatory entity empowered to implement SB 261, held a virtual public workshop in May 2025 and released FAQs in July 2025, to help companies prepare for compliance.
Continue Reading Preparing for SB 261: Climate-Related Financial Risk Disclosure Reports Due by January 1, 2026, for Covered CompaniesEighth Circuit Temporarily Pauses Climate Rules Litigation and Seeks Response from SEC
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Following the U.S. Securities and Exchange Commission’s action in March 2025 to end its defense of the final climate-related disclosure rules (Climate Rules), the Attorneys General of Massachusetts and other states (intervenor States) filed a motion to hold the case in abeyance “to maintain the status quo and preserve judicial…
Continue Reading Eighth Circuit Temporarily Pauses Climate Rules Litigation and Seeks Response from SECWebinar Series Alert | Environmental and Social Changes in the New Administration, March 18, 19 & 20
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Join Wilson Sonsini for a three-part webinar series that will provide helpful updates on the state of ESG and practical tips for navigating a shifting landscape. The webinar series will be held on March 18, 19, and 20, 2025, from 9:00 am – 10:00 am PT. Register for one or…
Continue Reading Webinar Series Alert | Environmental and Social Changes in the New Administration, March 18, 19 & 20Preparing for the 2024 Proxy Season
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Our recent Client Alert discusses applicable rule changes, guidance, and disclosure considerations for the 2024 proxy season, as well as reminders for what is on the horizon for public company governance and disclosure. It covers the following topics:Continue Reading Preparing for the 2024 Proxy Season