United States ESG Content

On February 14, 2025, a judge for the US District Court in the Northern District of Texas issued its decision in the case filed by attorneys general from 26 states against the Department of Labor. The judge granted DOL's motion for summary judgment, refusing the state AGs' attempt to...

The SEC's Division of Corporation Finance released new guidance on Exchange Act Section 13(d) and (g) beneficial ownership reporting earlier this week. The guidance specifically addresses how a large shareholder's engagement and proxy voting activity could affect its ability to file...

The California Air Resources Board (CARB) has issued an Information Solicitation to Inform Implementation of California Climate-Disclosure Legislation: Senate Bills 253 and 261, as amended by SB 219.

On February 11, 2025, Securities and Exchange Commission Acting Chairman Mark Uyeda issued a statement on Climate-Related Disclosure Rules in which he stated that he is "taking action on The Enhancement and Standardization of Climate-Related Disclosures for Investors rule that was...

The United States District Court for the Central District of California granted a motion made by the California Air Resources Board to dismiss two causes of action brought by the Chamber of Commerce of the United States of America, et al.,.

On January 10, 2025, Judge O'Connor of the United States District Court for the Northern District of Texas issued a 70-page opinion in Spence v. American Airlines, Inc. In the lawsuit, Bryan Spence, an employee of American Airlines, Inc. and participant in one of American's defined...

On December 13, 2024, the U.S. House of Representatives Judiciary Committee released an Interim Staff Report titled: SUSTAINABILITY SHAKEDOWN: HOW A CLIMATE CARTEL OF MONEY MANAGERS COLLUDED TO TAKE OVER THE BOARD OF AMERICA'S LARGEST ENERGY COMPANY. The Report notes that the "the...

The Missouri Secretary of State has proposed a rule applicable to investment advisers and investment adviser representatives which would deem effecting any transaction with an investment objective not authorized by a client to be a fraudulent act in Missouri.