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
Reminder: Compliance with AB 1305 Is Required by January 1, 2024
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Our latest Client Alert discusses California’s recently enacted Assembly Bill 1305: Voluntary Carbon Market Disclosures Business Regulation Act (AB 1305), which requires compliance by January 1, 2024. In addition, please consider joining our webinar on Thursday, December 7, 2023, at 3:00 p.m. PT, on AB 1305, which will include practical…
Continue Reading Reminder: Compliance with AB 1305 Is Required by January 1, 2024Glass Lewis Issues 2024 Updates to Benchmark Policy Guidelines
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On November 16, 2023, Glass Lewis & Co. (Glass Lewis) released its 2024 U.S. Benchmark Policy Guidelines (U.S. Guidelines), effective for shareholder meetings on or after January 1, 2024. The U.S. Guidelines include several key updates, which are summarized below. In addition, Glass Lewis released its 2024 Shareholder Proposals & ESG-Related Issues Benchmark Policy Guidelines (ESG Guidelines), which include an update to Glass Lewis’ overall approach to environmental and social issues, summarized below.
Continue Reading Glass Lewis Issues 2024 Updates to Benchmark Policy Guidelines
California Governor Gavin Newsom Signs ESG Disclosure Bills
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Our recent Client Alert discusses three bills, which California Governor Gavin Newsom recently signed, that will require companies and investors to provide new disclosure. The first bill, entitled the Climate Corporate Data Accountability Act, will require companies that do business in California with revenue over $1 billion to annually…
Continue Reading California Governor Gavin Newsom Signs ESG Disclosure BillsCalifornia Legislature Passes Climate Bills
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Our recent Client Alert discusses two climate bills approved this week by the California legislature, Senate Bill 253, the Climate Corporate Data Accountability Act (SB 253), and Senate Bill 261, Greenhouse gases: climate-related financial risk (SB 261), which are headed to Governor Gavin Newsom to sign or veto by October…
Continue Reading California Legislature Passes Climate BillsPreparing for the 2023 Proxy Season
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Our recent Client Alert discusses applicable rule changes, guidance, and disclosure considerations for the 2023 proxy season for public companies, as well as reminders for what is on the horizon for public company governance and disclosure. Our annual client alert covers the following topics:Continue Reading Preparing for the 2023 Proxy Season
ISS and Glass Lewis Publish Updated Proxy Voting Guidelines
As we look forward to the 2023 proxy season, Institutional Shareholder Services (ISS) and Glass Lewis & Co. (Glass Lewis), two prominent proxy advisory firms, each recently published their latest voting guidelines for the upcoming proxy season. In our Client Alert, we provided a detailed look at updates to those policies. A summary of the coverage of the key updates in ISS’s and Glass Lewis’s voting policies is provided below.Continue Reading ISS and Glass Lewis Publish Updated Proxy Voting Guidelines