Archive

  • Court blocks legal challenge of SEC ESG proxy vote rule

    13 May 2024
  • Will the SEC's climate rule be a game changer?

    02 May 2024

    Listed companies in the world's largest economy will be subject to climate reporting rules the first time. Michael Hurley explores the ramifications

  • Companies weigh delaying preparations for SEC rule in face of legal uncertainty, lawyer says

    30 April 2024

    Uncertainty surrounding the outcome of legal action challenging the Securities and Exchange Commission (SEC) climate disclosure rule is causing some US-listed companies to consider pausing their preparations for compliance, according to a lawyer.

  • SEC climate rule built to survive legal challenges, says former counsel

    29 April 2024

    The US Securities and Exchange Commission (SEC)'s final climate rule was built to withstand legal challenges that seek to block it, and stands a good chance of doing so, according to a former senior counsel at the agency.

  • US lawmakers approve bill seeking to block SEC climate rule

    19 April 2024
  • No Scope 3 'loophole' in our rule - but qualitative info may be required, says SEC

    09 April 2024

    Companies will not be required to give quantitative disclosures of greenhouse gas (GHG) emissions outside their direct control under the Securities and Exchange Commission (SEC)'s climate rule - but they may have to provide qualitative disclosures, it has said.

  • SEC likely to delay climate rule even in best-case scenario, law firm says

    08 April 2024

    The US Securities and Exchange Commission (SEC) is likely to delay implementing its climate disclosure rule even if it wins cases seeking to block its progress, a law firm has predicted.

  • SEC pauses climate rule in move that 'will embolden' anti-ESG activists

    05 April 2024

    The US Securities and Exchange Commission (SEC) has paused its climate disclosures rule amid legal opposition that threatens its implementation - in a move one commentator said will "likely only embolden the vehement anti-ESG activists".

  • SEC climate rule faces new legal challenge

    02 April 2024

    Two fracking companies have brought a new legal challenge against the Securities and Exchange Commission (SEC)'s climate rule.

  • SEC stumbles into battleground of climate materiality

    12 March 2024

    Letting companies decide whether emissions are material to their business opens the door for disputes, writes Michael Hurley