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Jan 16, 2025 | 
jdsupra.com | Jason M. Halper |Kelly Rondinelli |Jon Solorzano
With Trump’s impending inauguration, significant shifts in Environmental, Social, and Governance (ESG) policies domestically are expected, as is the overall cultural and corporate mood for ESG. Companies can anticipate a rollback of Biden-era ESG regulations, prioritizing economic growth over environmental concerns. Corporate ESG efforts are expected to decrease, potentially providing near-term reporting relief and muted shareholder pressure on companies.
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Jan 15, 2025 | 
today.westlaw.com | Jon Solorzano |Jason M. Halper |Kelly Rondinelli
(January 22, 2025) - Jon Solorzano, Jason Halper and Kelly Rondinelli of Vinson & Elkins LLP offer five predictions for environmental, social and governance matters during President Donald Trump's second administration. Although coined in approximately 2004, the term "ESG" — short for Environmental, Social, and Governance — did not receive widespread adoption until the mid 2010s. It quickly went viral, becoming a politicized buzzword with vocal proponents and detractors.
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Jan 13, 2025 | 
velaw.com | Jon Solorzano |Jason M. Halper |Kelly Rondinelli
Although coined in approximately 2004, the term “ESG” — short for Environmental, Social, and Governance — did not receive widespread adoption until the mid 2010s. It quickly went viral, becoming a politicized buzzword with vocal proponents and detractors.
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Dec 12, 2024 | 
jdsupra.com | Jon Solorzano
In an Enforcement Notice released on December 5, 2024, the California Air Resources Board (“CARB”) announced that it will not take enforcement action against companies subject to California’s Climate Corporate Data Accountability Act (“CCDAA”) for inaccurate or incomplete reporting of Scope 1 and 2 greenhouse gas (“GHG”) emissions for the first reports due in 2026, covering the reporting entity’s prior fiscal year.
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Nov 8, 2024 | 
jdsupra.com | Josh Rutenberg |Alyssa Sieja |Jon Solorzano
On November 5, 2024, the U.S. District Court for the Central District of California denied a motion for summary judgment that sought to declare SB 253 and SB 261 (the “California Climate Laws”) invalid on their face under the First Amendment for compelling political speech. As a result of the denial of the motion for summary judgment, litigation over the constitutionality of the California Climate Laws will continue.
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Nov 8, 2024 | 
velaw.com | Jason M. Halper |Rebecca Fike |Sara Brauerman |Jon Solorzano
According to the SEC Order, beginning in late 2019, Invesco identified the use of ESG considerations across its global investment platform as a commercial imperative and accelerated its “ESG integration” efforts. In support of these efforts, the firm made claims to certain clients and potential clients about Invesco’s firmwide ESG integration of its investment strategies and the percentage of firmwide AUM that was ESG integrated.
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Sep 25, 2024 | 
jdsupra.com | Adam Hudes |Josh Rutenberg |Jon Solorzano
On September 23, 2024, the State of California filed a new greenwashing salvo against an oil major by filing a plastics-related lawsuit in the San Francisco County Superior Court. The lawsuit accuses the oil major of allegedly misleading consumers and the public about the adequacy and availability of plastic recycling and inappropriately hiding from the public the reality of plastics pollution.
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Sep 16, 2024 | 
jdsupra.com | Rebecca Fike |Josh Rutenberg |Jon Solorzano
Over the last few months, the U.S. Securities and Exchange Commission (“SEC”) discretely disbanded the Climate and ESG Taskforce (“ESG Task Force”) of its Division of Enforcement. The move follows a wave of recent pushback against ESG by some companies and investors, along with certain U.S. state officials and courts. The ESG Task Force, established in 2021, had been charged by the SEC with identifying ESG-related misconduct and evaluating ESG-related whistleblower complaints.
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Jul 17, 2024 | 
jdsupra.com | Adam Hudes |Jon Solorzano
May 8, 2024
To embed, copy and paste the code into your website or blog:
Consumer packaged goods companies know that sustainability sells. And in their efforts to market their products as sustainable, they’ve long contended with allegations of greenwashing—the practice of claiming their products are friendlier to the environment than they actually are.
Originally published in Oilman Magazine May 2024.
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Apr 24, 2024 | 
oilmanmagazine.com | Adam Hudes |Jon Solorzano
Consumer packaged goods companies know that sustainability sells. And in their efforts to market their products as sustainable, they’ve long contended with allegations of greenwashing—the practice of claiming their products are friendlier to the environment than they actually are. With these companies facing heavier pressure to shrink their plastics footprint,… Please Log In to view this content. Not a subscriber? Please Subscribe here for unlimited access.
