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Jan 18, 2025 | 
corpgov.law.harvard.edu | Paul A. Davies |Betty Huber
Biodiversity, CSRD, ESG, SustainabilityMore from: Betty Huber, Paul Davies, LathamPaul Davies and Betty Huber are Partners at Latham & Watkins LLP. This post is based on a Latham memorandum by Mr. Davies, Ms. Huber, Michael Green, and David Little. Through the course of 2024, the development of the ESG and sustainability landscape was dynamic.
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Jan 10, 2025 | 
jdsupra.com | Paul Davies |Betty Huber
Through the course of 2024, the development of the ESG and sustainability landscape was dynamic. We anticipate that this dynamism will intensify in 2025, given the implementation and potential amendment of ESG-related regulations and significant geopolitical developments around the globe.
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Jan 10, 2025 | 
openlegalblogarchive.org | Paul A. Davies |Betty Huber
Mandatory ESG reporting, new AI tools for ESG data management, and rising litigation risk are just some of the hot topics this year. By Paul A. Davies and Betty M. HuberThrough the course of 2024, the development of the ESG and sustainability landscape was dynamic. We anticipate that this dynamism will intensify in 2025, given the implementation and potential amendment of ESG-related regulations and significant geopolitical developments around the globe.
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Jan 8, 2025 | 
jdsupra.com | Deric Behar |Betty Huber |Arthur S. Long
“Fair access” banking laws, at the epicenter of the debates between ESG and “anti-woke” regulation and federal/state preemption, may see a resurgence under the incoming administration. In recent years, the landscape of “fair access” banking laws, now also known as “anti-debanking” laws, has changed as quickly as the shifting political climate. Please see full publication below for more information.
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Jan 2, 2025 | 
jdsupra.com | Betty Huber
CARB will not penalize reporting entities for incomplete Scope 1 and 2 emissions disclosures under SB 253, irritating lawmakers and raising the specter of oversight hearings. On December 5, 2024, the California Air Resources Board (CARB) issued an Enforcement Notice for Senate Bill 253, the Climate Corporate Data Accountability Act (SB 253), stating that CARB will not penalize in-scope entities for incomplete compliance when the first disclosures under the law are due in 2026.
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Jul 22, 2024 | 
jdsupra.com | Betty Huber
Artificial intelligence (AI) has become an indispensable tool, but with the rapid advancement in the technology has come a rise in electricity demand, drawing regulatory attention on the natural resources that AI requires. Within this context, companies and policymakers are considering how AI may contribute both to sustainable solutions and environmental impacts.
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Jun 24, 2024 | 
jdsupra.com | Matthew Green |Betty Huber |Henry Miller
In 2023, Arkansas adopted several laws to restrict the consideration of ESG factors, including Senate Bill (SB) 62, which prohibits public entities from contracting with entities that have been determined to boycott the energy, fossil fuel, firearms, or ammunition industries. It also adopted House Bill (HB) 1253, which requires fiduciaries of state and local pension plans to consider only “pecuniary factors” in their decision-making.
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May 17, 2024 | 
jdsupra.com | Deric Behar |Betty Huber |Arthur S. Long
With regulators keeping close watch, the results underscore the need for ongoing climate risk management investment and adaptation within the financial sector. On May 9, 2024, the Board of Governors of the Federal Reserve System (FRB) published summary results of a pilot climate scenario analysis (CSA) that explored how resilient six of the largest US bank holding companies (by total assets) are to climate-related financial risks.
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Apr 20, 2024 | 
corpgov.law.harvard.edu | Paul A. Davies |Sarah E. Fortt |Betty Huber
Climate, Climate Disclosure, climate regulation, eighth circuit, Fifth Circuit, SEC, SustainabilityMore from: Betty Huber, Paul Davies, Sarah Fortt, LathamPaul Davies, Sarah Fortt, and Betty Huber are Partners at Latham & Watkins LLP. This post is based on their Latham memorandum.
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Apr 9, 2024 | 
jdsupra.com | Paul Davies |Sarah E. Fortt |Betty Huber
On March 21, 2024, the US Court of Appeals for the Eighth Circuit was selected as the court that will hear challenges against the Securities and Exchange Commission (SEC or Commission) over its final climate disclosures rules, which were adopted on March 6. For a detailed analysis of the final rules, see our Client Alert The SEC’s Final Climate Disclosure Rules: Requirements, Practicalities, and Next Steps.
