Regulations

  • Business man talking to his team in a meeting at the office.
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    81% of companies not covered by CSRD still plan to comply: Workiva

    Workiva’s global vice president of ESG said the EU’s Corporate Sustainability Reporting Directive is becoming the “gold standard,” with or without the SEC’s climate rule.

    By • May 7, 2024
  • Federal Trade Commission Chair Lina Khan testifies at a committee hearing.
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    FTC greenlights $64.5B Exxon-Pioneer merger, bars former CEO from board seat

    The Federal Trade Commission blocked the former CEO of Pioneer Natural Resources from joining the new company’s board of directors over concerns of colluding with OPEC.

    By • May 6, 2024
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    Trendline

    Sustainability initiatives gain traction against backdrop of climate disclosure rules

    Several companies have already committed to achieving net-zero emissions by 2050 and many have also set near-term targets to curb their carbon footprint by the end of the decade.

    By ESG Dive staff
  • European Union flags are pictured outside the European Commission building.
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    Carl Court via Getty Images
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    EU adopts CSRD reporting delay, gives non-EU companies until 2026 to comply

    Exempted companies will now have more time to focus on the implementation of broader sustainability reporting requirements before they start observing sector-specific standards.

    By • May 2, 2024
  • The headquarters of the U.S. Equal Employment Opportunity Commission in Washington, D.C.
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    Ryan Golden/ESG Dive
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    EEOC finalizes harassment guidance, addressing remote work and gender identity

    Harassment can include “outing” individuals, misgendering, and prohibiting workers from using sex-segregated bathrooms consistent with their gender identity, the agency said.

    By Emilie Shumway • May 1, 2024
  • GRID Alternatives employees Jimmy Chit Ming Cheung (L) and Edward Aguilar carry a panel as they install no-cost solar panels on the rooftop of a low-income household on October 19, 2023 in Pomona, Cal
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    Mario Tama via Getty Images
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    IRS issues final guidance for IRA’s clean energy tax credit transferability mechanism

    “It is difficult to overstate the significance of today’s announcement for the clean energy market,” said Ray Long, CEO and president of the American Council on Renewable Energy.

    By Diana DiGangi • April 29, 2024
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    Nick van Bree via Getty Images
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    EPA finalizes fossil-fueled power plant emission rules

    Electric utilities called the power plant rules “disappointing” and “unlawful” and say the rules will create reliability and affordability challenges.

    By Robert Walton • April 26, 2024
  • A person walks past the European Parliament building in Brussels, Belgium.
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    Leon Neal via Getty Images
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    Human rights and environmental legislation approved by European Parliament

    The Corporate Sustainability Due Diligence Directive holds companies and supply chain partners accountable for ESG compliance.

    By Lauren Schenkman • April 26, 2024
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    Elizabeth Lara via Getty Images
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    Oklahoma group raises red flag on anti-ESG law as Republicans weigh rollback

    The Oklahoma Rural Association said municipalities are facing increased borrowing costs, as state representatives look to exempt subdivisions from the law.

    By • April 24, 2024
  • Patrick McHenry speaks during a news conference
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    Drew Angerer via Getty Images
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    House GOP spearheads legislation to strike down SEC climate disclosure rule

    The Financial Services Committee advanced a Congressional Review Act challenge to the rule by a 28-22 vote split along party lines.

    By • April 18, 2024
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    pidjoe via Getty Images
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    Opinion

    The time is ripe for utilities to play a larger role in the energy transition

    Utilities should provide upfront support to low- and moderate-income customers customers for residential electrification and decarbonization measures to prevent them from being stuck on the existing fossil fuel systems.

    By Dan Bakal • April 18, 2024
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    Volkswagen subsidiary to pay nearly $49M in SEC fraud case

    The SEC claims the finance unit sold bonds at a time when senior Volkswagen executives knew that more than 500,000 of their vehicles in the United States “grossly exceeded legal vehicle emissions limits.”

    By Haley Cawthon • April 12, 2024
  • House Financial Committee Chair Patrick McHenry
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    Kevin Dietsch via Getty Images
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    House GOP begins congressional challenge to SEC climate disclosure rule

    House Financial Services Committee Chair Patrick McHenry said the agency’s voluntary pause is “not enough.”

    By • April 11, 2024
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    Annaspoka via Getty Images
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    ‘It’s important to get going’: How fashion is navigating the many complexities of sustainability

    Understanding supply chains is key to both regulatory compliance and scaling solutions, executives said at an American Apparel & Footwear Association event.

    By Ben Unglesbee • April 10, 2024
  • FirstEnergy's 1,100-MW coal-fired Fort Martin power plant in Maidsville, West Virginia, along the Monongahela River.
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    BackyardProduction via Getty Images
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    Citi, TD, HSBC, Northern Trust added to West Virginia restricted list

    The state warned the banks in February of consequences if they "boycott" fossil fuels. BMO and Fifth Third avoided being added to the list, the state said.

    By Caitlin Mullen • April 9, 2024
  • The front of the agency headquarters, reading "United States Security and Exchange Commission" and the number 450 as a man walks in a glass door at the bottom left of the frame.
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    SEC reiterates no scope 3 in final climate rule

    Agency officials are starting to educate industry stakeholders and investors on the paused rule’s required disclosures, while defending it in court.

    By • April 9, 2024
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    deepblue4you/iStock/Getty Images Plus via Getty Images
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    After months of conflict, Stellantis strikes emissions deal with California

    The automaker will follow the state’s emissions standards, even if the federal government or judicial action bars the state from enforcing them.

    By Kalena Thomhave • April 8, 2024
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    SEC stays climate-risk disclosure rule as it works through legal challenges

    The agency maintains that the regulation is within the agency’s authority and said it “will continue vigorously defending the Final Rules’ validity in court.”

    By • April 4, 2024
  • Mark Toshiro Uyeda testifies at a Senate hearing.
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    Climate rule ‘mandates disclosures not financially material to investors,’ says SEC Commissioner

    Commissioner Mark Uyeda’s comments Tuesday mirrored his March 6 testimony opposing the passage of the agency’s climate disclosure rule.

    By • April 4, 2024
  • U.S. Federal Reserve Board Chairman Jerome Powell speaks during a June 2023 news conference.
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    Drew Angerer via Getty Images
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    Powell: Fed tracks emerging ‘material’ risks, but not a climate policymaker

    “Policies to address climate change are the business of elected officials and those agencies that they have charged with this responsibility,” Federal Reserve Chair Jerome Powell said.

    By • April 4, 2024
  • Aerial view of blue photovoltaic solar panels mounted on industrial building roof for producing clean ecological electricity.
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    Bilanol via Getty Images
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    How solar manufacturers can leverage IRA clean energy tax credits

    More than 500 companies and 45,500 projects registered for clean energy tax credits under the law as of March 8.

    By Joelle Anselmo • April 4, 2024
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    Zoya Mirza/ESG Dive
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    Regulation compliance and curbing emissions were key themes at Responsible Business USA 2024

    Panel discussions centered on decarbonizing supply chains, navigating a complex political climate, preparing emissions disclosures and more.

    By • April 3, 2024
  • The James V. Forrestal Building Building, the headquarters of the United States Department of Energy, in downtown Washington, DC at sunset.
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    White House funds $6B to decarbonize US industrial sector

    The Department of Energy offered grants for 33 projects in eight historically high carbon-emitting industries such as aluminum, concrete and chemicals.

    By Joelle Anselmo • April 2, 2024
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    Congressional DEI office closes as part of government cuts

    While shrinking resources are to blame, this marks another sign of a DEI backslide in the U.S.

    By Caroline Colvin • April 1, 2024
  • SEC Chair Gary Gensler testifies before Congress
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    SEC asks 8th Circuit not to pause climate rule pending challenges

    The agency said Liberty Energy and Nomad Proppant Services have “identified no imminent harm” that would justify halting the rule’s implementation.

    By • March 29, 2024
  • Larry Fink, CEO of BlackRock, speaks at a roundtable discussion.
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    Mississippi hits BlackRock with cease and desist order over ESG investments

    The secretary of state accused the world’s largest asset manager with securities fraud and said it could face a multimillion-dollar administrative penalty.

    By • March 28, 2024