Key Impact Points: Despite resistance from some corporate sectors, the push for climate disclosure in the U.S. is gaining momentum, driven by state-level initiatives and impending federal rules. According to a report by Sustainable Fitch, the recent developments underscore a growing trend towards transparency in environmental impact, even as major
Adapting to New ESG Reporting Requirements Companies worldwide are striving to meet net-zero and other sustainability goals amidst a rapidly changing regulatory environment. Key regulations include the EU’s Corporate Sustainability Reporting Directive (CSRD), the US SEC’s Climate-Related Disclosures (CRDs), and standards from the International Sustainability Standards Board (ISSB). Key Regulatory
Key Impact Points: The U.S. Department of the Treasury and the IRS have announced final rules on prevailing wage and registered apprenticeship (PWA) requirements under the Inflation Reduction Act. These rules are a pivotal part of the Biden-Harris Administration’s Investing in America agenda, aimed at building a skilled workforce to
Focus on Gender and Climate: The initiative will focus on promoting gender-smart and climate-friendly policies for economic development, benefiting women, indigenous communities, and vulnerable populations.
Key Impact Points: Youth Influence Rising Young people are shaping political agendas like never before, bringing new challenges and opportunities for law firms. Their activism on social and environmental issues is not just a passing trend but a force to be reckoned with. Adapting to Change: Law firms must adapt
Key Impact Points: In 1950, the world saw a baby boom, but today’s reality is starkly different. Birth rates in the most populous countries have plummeted, raising concerns about future economic and social stability. Sharp Decline Across the Board Data from Visual Capitalist highlights a significant drop in birth rates
Story by Mary Foley, Forbes Recent news coverage of corporate sustainability and environmental, social and governance (ESG) initiatives has focused on a handful of sweeping reforms that will have a truly global impact. These include instruments such as the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive (CSDDD) in Europe, the U.S.
Leading businesses today called on California lawmakers and Gov. Gavin Newsom to fully fund the implementation of the state’s landmark corporate climate disclosure legislation. Passed in 2023 with significant company and investor support, SB 253 and SB 261 – collectively referred to as the Climate Accountability Package – are historic risk
This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration. Last year, climate change came into sharp relief for much of the world: The planet experienced its hottest 12-month period in 125,000 years. Flooding events inundated communities from California to East Africa to India. A heat wave in
Key Impact Points In a landmark decision, the European Parliament has overwhelmingly approved new regulations aimed at ensuring corporate accountability and environmental stewardship. With 374 votes in favor, 235 against, and 19 abstentions, the “due diligence” directive represents a significant step towards holding companies accountable for their impact on society
