Key topics in Akin’s April 2024 Sustainability/ESG Policy and Regulatory Update include:
- Adoption of New SEC Rules: The U.S. Securities and Exchange Commission has adopted new rules titled "The Enhancement and Standardization of Climate-Related Disclosures for Investors." This initiative aims to improve the transparency and consistency of climate-related information provided to investors. However, these new rules have faced legal challenges.
- Biden Administration's Emissions Standards: The Biden administration has finalized national motor vehicle emissions standards, which are part of broader efforts to reduce environmental impact and promote sustainability.
- European Council's Corporate Directive: The European Council has endorsed the Corporate Sustainability Due Diligence Directive, which is designed to ensure that companies are more accountable for their environmental and social impacts.
To read more, and for a comprehensive overview of other recent ESG policy and regulatory developments and their implications, please click here.
