By Aaron Nicodemus2024-01-30T21:20:00
A coalition of business groups filed a lawsuit opposing two California laws that require large businesses to make climate-related disclosures, calling it a fight against illegal and excessive government overreach.
The U.S. Chamber of Commerce, the American Farm Bureau Federation, the California Chamber of Commerce, and several other state business organizations filed the lawsuit Tuesday in U.S. District Court for the Central District of California.
Signed by California Gov. Gavin Newsom in October, the “Climate Corporate Data Accountability Act” (SB 253) will require companies with more than $1 billion in revenue doing business in the state to disclose greenhouse gas (GHG) emissions each year to a reporting organization contracted by California Air Resources Board.
2025-04-10T18:00:00Z By Aaron Nicodemus
President Donald Trump has issued an executive order slamming state-led efforts to address climate change, reduce greenhouse gas emissions, and other environmental, social, and governance (ESG)-related laws.
2024-04-05T16:40:00Z By Aaron Nicodemus
The Securities and Exchange Commission delayed implementation of its climate-related disclosure rule until the courts can rule on appeals filed in response to the controversial policy.
2024-02-01T14:01:00Z By Ruth Prickett
Richard Brasher, vice-president of sustainability at multinational automotive parts company LKQ Corp., discusses with Compliance Week his view on the added attention sustainability initiatives are receiving and where improvement remains.
2025-10-06T12:04:00Z By Ruth Prickett
Global pressure for sustainability reporting is rising. Despite political uncertainty and regulatory delays, companies continue to improve reports for regulators and stakeholders with the help of AI.
2025-09-29T20:59:00Z By Ruth Prickett
Most major organizations are not changing their ESG reporting plans, despite “regulatory ambiguity”, according to a report by consultancy KPMG. The researchers say this indicates market expectations are driving action as much as legal requirements.
2025-07-26T01:58:00Z By Aly McDevitt
The SEC refused to say whether it would enforce its landmark Climate-Related Disclosure Rules in a status report filed Wednesday, deepening uncertainty as the regulation faces legal challenges.
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