Climate Change Disclosure Rules & other ESG Developments
After much anticipation, on March 6, 2024, the US Securities and Exchange Commission voted to adopt final rules that require reporting by public companies of climate change-related disclosure. While the final rules differ from the SEC’s controversial proposed rules in significant ways, the final rules are prescriptive, and require significant new, additional disclosures.
The SEC also remains focused on other ESG-related disclosures, including potentially misleading disclosures made by public companies and by funds, and these have been the focus of enforcement actions. Finally, there are a number of additional ESG-related proposed rules pending, which may be closer to being finalized now the climate-change disclosure rules have been adopted.
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NOTE: If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via webinar or webcast.
**Please note, recordings of CLE webinars are not eligible for CLE credit.
- The background of the final rules
- The principal changes from the proposed rules (and aspects that may be subject to litigation)
- The changes to Regulation S-X (affecting financial statement disclosures)
- The changes to Regulation S-K (affecting non-financial statement disclosures)
- The scope and phase-in periods, and practical considerations for public companies
- Additional ESG disclosure considerations and areas of enforcement focus
- Pending ESG-related proposed rules
She works closely with financial institutions to create and structure innovative financing techniques, including new securities distribution methodologies and financial products. She has particular financing experience in certain industries, including technology, telecommunications, healthcare, financial institutions, REITs and consumer and specialty finance. Anna has worked closely with foreign private issuers in their securities offerings in the United States and in the Euro markets. She also works with financial institutions in connection with international offerings of equity and debt securities, equity- and credit-linked notes, and hybrid and structured products, as well as medium term note and other continuous offering programs.
Larry is the Henry St. George Tucker III Research Professor of Law emeritus at George Washington University. Larry serves on many public company boards and, before becoming a professor, practiced corporate law with another international law firm at which his practice included corporate governance, M&A and finance.
In 2018, Larry received the B. Kenneth West Lifetime Achievement Award from the National Association of Corporate Directors (NACD). In 2023, Larry delivered Delaware Law School’s 37th Annual Pileggi Distinguished Lecture in Corporate Law to the Delaware bench and bar.
