On July 23, 2025, the U.S. Securities and Exchange Commission submitted a status report to the U.S. Court of Appeals for the Eighth Circuit regarding the final climate-related disclosure rules. According to the status report, the SEC does not intend to review or rescind the rules “at this time,”
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California Governor Gavin Newsom Signs Bill Enacting Changes to California Climate-Related Disclosure Laws
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On September 27, 2024, California Governor Gavin Newsom signed Senate Bill 219, the Greenhouse gases: climate corporate accountability: climate-related financial risk (SB 219) after the California Assembly and Senate each approved SB 219. SB 219 amends Senate Bill 253: the Climate Corporate Data Accountability Act (SB 253) and Senate Bill…
Continue Reading California Governor Gavin Newsom Signs Bill Enacting Changes to California Climate-Related Disclosure LawsSEC Adopts Climate-Related Disclosure Rules
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On March 6, 2024, the U.S. Securities and Exchange Commission (SEC) adopted final rules requiring companies to provide certain climate-related information in their annual reports and registration statements. The SEC Fact Sheet is available here. Set forth below are some initial observations, with a more detailed client alert and…
Continue Reading SEC Adopts Climate-Related Disclosure RulesCalifornia 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…
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