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On 16 May 2024, the UK Government published an implementation update on its development of economy-wide sustainability disclosure requirements (the “Implementation Update”). The Implementation Update, which the UK Government committed to publishing in its 2023 Green Finance Strategy (which you can read more about here), discusses:

  • its endorsement of the IFRS Sustainability Disclosure Standards;
  • National Energy Policy: DOE Announces Actions to Advance American Artificial Intelligence
    On April 29, 2024, the U.S. Department of Energy announced several actions intended to advance the use and safety of artificial intelligence across a variety of fields including modernizing the electrical grid, clean energy, national security, climate forecasting, environmental modeling, and emergency response. DOE

    Contracting parties use contractual indemnity provisions to customize risk allocation.  Indemnification clauses vary widely and are typically heavily negotiated; however, if the events and related damages covered under the indemnity are appropriate in nature and scope, parties can manage risk expectations and avoid disputes.  In order to select the appropriate indemnification scheme for any contract

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    Food Safety: FDA Publishes Final Rule for Pre-Harvest Agricultural Water
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    EPA recently issued its long-awaited rule designating perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS) as hazardous substances under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). Along with the rule, EPA issued PFAS Enforcement Discretion and Settlement Policy Under CERCLA. This policy document provides the regulated community with some insight as to how

    On 14 May 2024, the European Securities and Markets Authority (“ESMA”) published its final report on “Guidelines on funds’ names using ESG or sustainability-related terms” (the “Guidelines”). The Guidelines aim to provide fund managers with clear and measurable criteria to assess their ability to use ESG and/or sustainability-related terms in fund names, thereby

    Last month at the Pennsylvania Bar Institute’s Environmental Law Forum, over 100 environmental lawyers discussed the implications of the duty of competence imposed by Rule of Professional Conduct 1.1 on their practices in light of climate change. John Dernbach first posed the issue to the forum in a keynote address a year earlier. Dernbach later

    Back in October of 2023, we provided a list of “Frequently Asked Questions” and answers regarding the US Environmental Protection Agency’s (EPA’s) final reporting rule for per- and polyfluoroalkyl substances (PFAS) under the Toxic Substances Control Act (TSCA). As of May 8, 2024, many companies are facing a one-year countdown to the deadline