Daniel Crowley

Mar 7, 2024 | jdsupra.com | Ryan Carney |Daniel Crowley |Lauren Flynn

IntroductionOn Wednesday, 6 March 2024, the Securities and Exchange Commission (SEC) approved its highly anticipated final rules on “The Enhancement and Standardization of Climate-Related Disclosures for Investors” by a vote of 3-2, with Republican Commissioners Hester Peirce and Mark Uyeda dissenting. Accompanying the final rules was a press release and fact sheet detailing the provisions of the rulemaking.

Dec 18, 2023 | jdsupra.com | Giovanni Campi |Ryan Carney |Daniel Crowley

IntroductionThe Corporate Sustainability Due Diligence Directive (CS3D or Directive) is a mandatory framework of rules for companies that operate in the European Union (EU) and exceed certain revenue and employee thresholds. The Directive will govern how businesses approach and remedy their harmful impacts on the environment and on human rights across their value chains (i.e. their “negative externalities”).

Nov 13, 2023 | jdsupra.com | Ryan Carney |Daniel Crowley |Lauren Flynn

IntroductionOn 7 October 2023, California Governor Gavin Newsom signed into law landmark legislation mandating corporate climate and climate-related financial risk disclosures. Together, SB 253 and SB 261 apply to public and private companies with annual revenues above certain thresholds and will impose Scope 1, 2, and 3 GHG emissions reporting requirements.

Oct 20, 2023 | equityreport.co.uk | Daniel Crowley

Valeria is a seasoned business and financial journalist with fifteen years of industry experience. Before launching Equity Report in October 2022, Valeria was European Editor for US-based financial news service CTFN, where she spent seven years reporting on event-driven situations, breaking news stories on complex financial and regulatory issues across several jurisdictions, from Europe and Africa to China, India, Brazil, and Australia.

Sep 8, 2023 | jdsupra.com | Ryan Carney |Daniel Crowley |Lauren Flynn

ESG Activity in the House Financial Services Committee (HFSC)Prior to departing for the August recess, Chairman Patrick McHenry (R-NC) wrapped up the month-long series of hearings considering digital assets and environmental, social, and governance (ESG) legislation. In tandem markups held on 26 July and 27 July, HFSC advanced several bills on these issues, both on a bipartisan basis (digital assets and stablecoin) and along party lines (anti-ESG bills).