On February 12, 2026, EPA rescinded its 2009 Endangerment Finding, which has served as the legal foundation for most federal climate change regulation since 2010. The immediate effect of ...
On December 9, 2025, the California Air Resources Board (CARB) issued initial proposed regulations for SB 253 and SB 261, and set February 26, 2026 as the date for a public hearing to con...
On December 1, 2025, the California Air Resources Board (CARB) issued an Enforcement Advisory clarifying that CARB will not take enforcement action against entities that do not post and s...
On November 18, 2025, two key developments occurred relating to California’s climate disclosure laws: (1) a Ninth Circuit injunction of SB 261 enforcement pending resolution of an ongoi...
With new leadership at the SEC, companies have had to grapple less with disclosure mandates and more with macroeconomic and geopolitical headwinds. We address related disclosure implicati...
As previewed at its August workshop, on September 24, CARB issued a “preliminary list of reporting/covered entities” under SB 253 and SB 261. Given CARB’s statement that the list is...
With initial compliance deadlines for California’s climate disclosure laws only months away, two recent developments of significance to stakeholders include: (1) a second public worksho...
Davis Polk counsel and Environmental practice head Loyti Cheng and counsel David Zilberberg authored “US legal developments targeting ESG: Implications for the financial industry” in ...
On May 29, 2025, the California Air Resources Board (CARB) held its first public workshop on its progress for implementing California’s climate disclosure laws, S.B. 253 and S.B. 261. C...
Over the past several years, many states have enacted laws targeting the consideration of ESG factors in investing and business practices. These laws vary widely in scope and design and c...
