Regulations: Page 16


  • The front facade of the Oklahoma State Capitol building.
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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
  • Trendline

    Top 5 stories from ESG Dive

    This year has shaped up to be a formative one for ESG, from the U.S. pulling out of major climate agreements to federal agencies recalibrating their approach to sustainability under the new administration.

    By ESG Dive staff
  • Solar panels and wind turbines generating renewable energy for green and sustainable future.
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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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    Sean Gallup via Getty Images
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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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    ‘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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    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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    Mark Wilson/Newsmakers via Getty Images
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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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    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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    Brendan Smialowski via Getty Images
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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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    Tasos Katopodis via Getty Images
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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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    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
  • Attendees gather for a panel event.
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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
  • The United States, Capitol Dome background in retro style
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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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    Win McNamee via Getty Images
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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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    Sean Gallup via Getty Images
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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
  • Attendees gather for a panel event.
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    Zoya Mirza/ESG Dive
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    SEC climate rule ‘consistent’ with global trends despite backlash, experts say

    Panelists at Responsible Business USA 2024 said the agency’s disclosure regulation was “not a radical thing,” in spite of the flurry of lawsuits filed against it, as similar rules already exist.

    By March 27, 2024
  • Close up shiny wooden law gavel in dark brown color on top of a wooden table in an office.
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    SEC battles climate disclosure rule legal challenges

    The agency faces nine petitions to the rule consolidated in the U.S. Eighth Circuit of Appeals, including suits collectively co-filed by 25 states.

    By , Updated Aug. 20, 2024
  • Opinion

    The SEC makes the call: Climate risk equals financial risk

    When the SEC’s climate disclosure rule is paired with other climate reporting directives, the shift within the financial landscape will be monumental.

    By Bob Hinkle • March 27, 2024
  • The exterior of the Labor Department building, with a sign that says "United States Department of Labor"
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    Alex Wong via Getty Images
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    Labor Dept. responds to Republican AGs appeal of ESG 401(k) rule

    Liberty Energy, which also is challenging the Securities and Exchange Commission’s climate disclosure rule, joined the 26 states in the appeal.

    By March 26, 2024
  • Dillard’s pays $70K to worker who claimed retaliation for reporting race, pregnancy bias

    A store manager rescinded the employee’s existing accommodation and punitively transferred her, EEOC alleged.

    By Ryan Golden • March 26, 2024
  • A 'Citi' sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan on December 5, 2012 in New York City.
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    Mario Tama via Getty Images
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    Citi agrees to disclose green financing ratios, following JPMorgan

    The New York City comptroller has withdrawn shareholder proposals with the two banks. The measure faces votes at four other banks.

    By March 25, 2024
  • Newly-installed solar panels face the sky at the construction site of a new solar energy park as wind turbines spin behind in Germany.
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    Sean Gallup via Getty Images
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    Treasury issues clarifying guidance on the IRA’s energy community bonus credit

    The guidance expands the definition of an energy community and the nameplate capacity attribution rule for offshore wind projects.

    By Diana DiGangi • March 25, 2024