The bill seeks to extend certain provisions of the Foreign Corrupt Practices Act.
By Erin Brown Jones, Paul A. Davies, Nathan H. Seltzer, and James Bee
The U.S. Congress continues to take interest in implementing legislation to curb alleged human rights abuses in the supply chain in China and elsewhere, as evidenced
In-scope companies would have to publicly identify “actual and potential” adverse impacts of their operations on the environment and/or human rights.
By Paul A. Davies, Michael D. Green, and James Bee
On 23 February 2022, the European Commission (the Commission) published a proposal for a Directive on Corporate Sustainability Due Diligence (the Directive).
Proposed changes seek to reflect the integration of sustainability considerations into MiFID II.
By Nicola Higgs, Anne Mainwaring, Dianne Bell, and Charlotte Collins
The European Securities and Markets Authority (ESMA) is consulting on updates to its Guidelines on the MiFID II suitability requirements, in light of upcoming changes that will embed sustainability
If adopted, the Senate bill would require large US companies doing business in California to report Scopes 1, 2, and 3 emissions as of January 2024.
By Jean-Philippe Brisson, Marc T. Campopiano, Jennifer K. Roy, Joshua T. Bledsoe, Julie Miles, and Alicia Robinson
The California Legislature is considering a bill
India’s proposal includes accreditation requirements for ESG ratings providers and mandatory disclosure of providers’ data and information sources.
By Paul A. Davies, Michael D. Green, and James Bee
On 25 January 2022, the Securities and Exchange Board of India (SEBI) released a consultation paper stating that it planned to regulate what it described
The Commission plans to adopt a proposal for a revised Regulation on the Registration, Evaluation, Authorisation and Restriction of Chemicals in the last quarter of 2022.
By Joachim Grittmann and Alexander Wilhelm
On 20 January 2022, the European Commission opened a public consultation on revising Regulation (EC) No 1907/2006 concerning the Registration, Evaluation, Authorisation and
The world’s largest asset manager stressed that sustainability issues will continue to be fundamental to companies’ long-term economic outlook.
By Paul A. Davies, Michael D. Green, and James Bee
On 17 January 2022, Larry Fink, the founder and chief executive of BlackRock, published his annual Letter to CEOs (the Letter), titled “The Power
Market participants can expect the initiative’s proposals to offer guidance on setting targets for emissions reduction and decarbonisation.
By Paul A. Davies, Michael D. Green, and James Bee
On 12 January 2021, the Science Based Targets initiative (SBTi) published its “SBTi Climate Action in 2022” proposals (the 2022 Proposals), highlighting the areas
The policies aim to provide crucial guidance to public companies amid the growing importance of ESG in proxy voting.
By Paul A. Davies, Michael D. Green, Andra Troy, and James Bee
In late 2021, Institutional Shareholder Services (ISS) and Glass, Lewis & Co (Glass Lewis), the two leading proxy advisory firms, released
Limited water supply, restrictions on use, and higher costs may be in store for next year if the state’s drought conditions persist.
By Michael G. Romey, Cody M. Kermanian, and Lucas I. Quass
This year has been critically dry and hot for California, resulting in déjà vu as the federal and state governments