The EPA recently indicated that it will ramp up its activity with respect to environmental justice enforcement initiatives using pre-pandemic tools such as on-site facility inspections. The EPA's focus on environmental justice reverse some Trump-era policies that...
On May 20, 2022, the Massachusetts Supreme Court upheld a Massachusetts state court decision to allow an ESG climate lawsuit to proceed against ExxonMobile (Exxon) by the Commonwealth's Attorney General. While the issue addressed by the state's Supreme Court was...
Last week, McDonald's scored a victory in a months long battle over the makeup of its Board of Directors that brought McDonald's environmental, social and governance (ESG) practices directly into the spotlight. At issue was McDonald's alleged mistreatment of pigs in...
On the heels of the Securities and Exchange Commission's ESG Task Force settlement order of $1.5 million with BNY Mellon Investment Advisor, Inc., the SEC on May 25, 2022, approved two significant proposals that would increase the disclosure requirements for funds and...
Earlier this month, we wrote regarding the Securities and Exchange Commission's (SEC) ESG Task Force filing its first complaint against a publicly traded company for allegedly presenting fraudulent information to investors regarding the safety of its dams, which...
We previously wrote about the Securities and Exchange Commission (SEC) committing in 2022 to pursue companies that misrepresent or otherwise present misleading information to investors regarding issues that touch on Environmental, Social and Governance (ESG). It did...
On March 21, 2022, the Securities and Exchange Commission (SEC) voted to advance a set of proposed rules for climate-relate disclosure statements for all SEC-registered companies. Details on the SEC ESG changes were the subject of one of our prior articles. The SEC...
In less than six months, L'Oreal has now found itself to be the target of PFAS lawsuits related to its mascara products. The latest L’Oreal PFAS lawsuit was filed in the New Jersey federal court on April 8, 2022. Cosmetics and PFAS is a topic that saw increased...
On March 30, 2022, the Securities and Exchange Commission (SEC) released its 2022 Examination Priorities report. In the report, the SEC announced the areas for the year that it intends to focus considerable effort, which included Environmental, Social and Governance...
On March 21, 2022, the Securities and Exchange Commission (SEC) voted to advance a set of proposed rules for climate-related disclosure statements for all SEC-registered companies. The proposed rules are open for public comment until May 20, 2022, and the SEC has...