Green Building Law Update

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Glossary of Greenhouse Gas Terms

Green Building Law Update

With proposed federal regulation of greenhouse gas emissions by the Securities and Exchange Commission requiring GHG disclosure and new state statutes, including a new Maryland law that requires not only disclosure, but also a mandated reduction in GHG emissions, a greater appreciation of the subject of GHG appears in order. This short glossary is an alphabetical list of terms relating to GHG with explanations of each; or if you prefer this is a brief dictionary of specialized terms with their m

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SEC Extends Comment Period for Proposed Rules on ESG Related Disclosures

Green Building Law Update

The Securities and Exchange Commission has extended the public comment period on the proposed rulemaking to enhance and standardize climate related disclosures until June 17, 2022. As a regulation that has been described as a single act that “will change the way business and the economy function,” the ramifications of a short “notice and comment” process, should not be ignored.

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Maryland Resets it Trajectory with Greenhouse Gas Reduction Law

Green Building Law Update

With legislation that became law last week, without the Governor’s signature, Maryland has enacted the most rigorous state law in the country reducing greenhouse gas (GHG) emissions and otherwise addressing ESG stewardship including climate change. Businesses can and should treat this as the greatest opportunity and responsibility of our time. Literally resetting the trajectory of Maryland, making sweeping changes to the Old Line State’s already tough climate change laws, among other things, Sen

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SEC Climate Risk Rule is Transformative At a Cost

Green Building Law Update

Last Monday, the U.S. Securities and Exchange Commission voted 3 to 1 to issue a long awaited proposed new rule to mandate climate risk disclosures by public companies and other businesses in their supply chains. The 510 page proposed rule will require public companies to include climate related disclosures in their registration statements and periodic reports such as 10-K annual reports, including information about climate related risks that are reasonably likely to have a material impact on th

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The ESG Benefit of Paying Employees to Work at the Polls

Green Building Law Update

The “S” in ESG is among the most impactful sustainability factors despite being among the least measured. There are a myriad of Social factors in sustainability, but what they have in common is they are about “social relationships.” A company’s relationship with its employees is key, but so is its relationship with the community and the broader society.

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The UK Sets the Scene for Mandatory ESG Laws in the Western World

Green Building Law Update

As we in the U.S. await action by the federal government on mandatory ESG laws, the United Kingdom has become the first European Union country to enact mandatory ESG disclosure laws. These new reporting requirements are of import beyond the shores of Great Britain in that they portend what government mandates are to come across the EU and in the U.S.

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ESG is an Opportunity for Commercial Landlords

Green Building Law Update

At first blush the California Climate Corporate Accountability Act requires only a small number of the nation’s biggest corporations generating more than $1 Billion in annual revenue to report their greenhouse gas emissions, but a thoughtful consideration makes clear that if enacted SB 260 will require carbon reporting by thousands if not tens of thousands of businesses that are indirect sources or otherwise in the “supply chain” for those largest companies.