United States: Climate Change

Jan. 1, 2026, is the first reporting deadline under SB 261, the Climate-Related Financial Act. SB 261 requires companies to disclose risks and mitigation efforts related to climate change.

At the end of its legislative session, the California legislature passed AB 1207 and SB 840 to extend and introduce new measures for California's greenhouse gas (GHG) emissions Cap-and-Trade program, which has now been renamed "Cap-and-Invest."

As 2025 draws to a close, companies doing business in California should be keeping a close eye on two acts likely to significantly impact their reporting obligations...

On 23 July 2025, the International Court of Justice ("ICJ") delivered an advisory opinion on countries' climate change obligations.

The U.S. District Court for the Western District of Texas entered a preliminary injunction against Texas Senate Bill 2337 (SB 2337) one day before the bill's effective date.

What Happened? On October 3, 2025, the U.S. Environmental Protection Agency (EPA) published a proposed rule providing regulatory relief from certain requirements of the Agency's...

The U.S. Environmental Protection Agency (EPA) announced a proposal to end the Greenhouse Gas Reporting Program (GHGRP), citing high compliance costs and limited regulatory value.

In March 2024, the Securities and Exchange Commission (the "SEC" or the "Commission") adopted rules entitled The Enhancement and Standardization of Climate-Related Disclosures for Investors...

Today, the Eighth Circuit Court of Appeals ordered that the legal challenge to the Biden Administration's climate disclosure regulation be "held in abeyance" until the "Securities and Exchange Commission reconsiders the challenged Final Rules by notice-and-comment rulemaking or renews its defense of the Final Rules."