Edward Best

SEC Adopts Climate Change Disclosure Rules Applicable to Public Companies and Offerings

By Anna T. Pinedo, Lawrence Cunningham (Contributor), Edward Best, Matthew Bisanz, Jennifer J. Carlson, David Carpenter, J. Paul Forrester, Gonzalo Go, Kimberly Hamm, Brian Hirshberg, Jerry R. Marlatt, Andrew J. Olmem, Laura D. Richman, James Taylor, Jacqueline Vallette & Oliver Williams on March 11, 2024

Posted in Disclosures, Regulation, The Americas

The Securities and Exchange Commission (the “SEC”) has adopted new rules that require public companies to disclose substantial information about the material impacts of climate-related risks on their business, financial condition, and governance (the “Final Rules”). The SEC says that “climate-related risks, their impacts, and a public company’s response to those risks can significantly affect…

SEC Proposes Climate Change Disclosure Rules Applicable to Public Companies

By Edward Best, Matthew Bisanz, J. Paul Forrester, Anna T. Pinedo, Laura D. Richman & Christina M. Thomas on March 23, 2022

Posted in Disclosures, Environmental, ESG, Regulation, Risk Management, The Americas

On March 21, 2022, the U.S. Securities and Exchange Commission (SEC) voted 3:1, with only Commissioner Hester Peirce dissenting, to propose long-awaited rules that, if adopted, would require extensive reporting by public companies of climate change-related disclosure and related attestation (the “Proposal”). Comments on the Proposal are due 30 days after…