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SEC Assessment of Climate Change Risks Still Mandated

Green Building Law Update

While I was on the Baltoro glacier making my way down from K2 in Pakistan earlier this month the Securities and Exchange Commission informed Exxon Mobil Corp. Guidance was published in 2010 by the SEC to provide interpretation for companies on how existing disclosure requirements apply to climate change related matters.

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Administrative law judge rules against OSHA on enterprise-wide abatement

FDR Safety

OSHA has been contending since 2010 that when a violation is proven at an employer’s worksite, the Occupational Safety and Health Review Commission can require the employer to abate similar hazards at its other worksites, even if they were not part of the citation. dba Delta Beckwith Elevator Co.

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Climate Change Disclosures by Public Companies

Green Building Law Update

In recent weeks this law firm has received more inquiries than at any time in recent years about the Securities and Exchange Commission’s disclosure requirements for public companies as they apply to climate change matters. When a company is required to file a disclosure with the Commission, those disclosures (e.g.,

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IRS Hikes Proposed Caterpillar Tax Penalty To $2.3 Billion

Construction Equipment

Securities and Exchange Commission on Thursday and said that the IRS completed its examination of Cat’s U.S. income tax returns for 2010 to 2012 and has increased its proposed tax penalties to approximately $2.3 Caterpillar posted its annual 10-K report filed with the U.S. billion for the 2007 through 2012 audits.

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More Robust Enforcement of SEC Climate Change Disclosures

Green Building Law Update

A great deal of attention has be paid in recent days to a 5 year old Securities and Exchange Commission guidance, “Commission Guidance Regarding Disclosure Related to Climate Change,” which seeks to provide transparency to investors on the material risks posed by climate change.

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Climate Change Disclosures by Public Companies

Green Building Law Update

When a company is required to file a disclosure with the Commission, those disclosures (e.g., The Commission issued guidance that public companies should consider disclosing in their SEC filings the financial impact of compliance with environmental laws.

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Companies’ voluntary audits now being used against them

FDR Safety

However, in a recent Review Commission decision evidence surfaced demonstrating that OSHA had done just that. which involved three citations issued in 2010 stemming from an inspection under OSHA’s Petroleum Refinery PSM National Emphasis Program. An article by attorneys Mark S. Dreux and Matthew C. BP Products North America, Inc.

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