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Fluor decides to keep government business, faces SEC investigation

Construction Dive

Due to the Securities and Exchange Commission probe, the Texas-based contractor released limited FY 2019 financial information today, and noted that 2020 "is going to be a transition year" for the firm.

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SEC to Update Required Climate Related Disclosures

Green Building Law Update

Securities and Exchange Commission Allison Herren Lee, offered insight into the future direction of mandatory climate change disclosures and new ESG regulation, when she directed the Division of Corporation Finance to enhance its focus on climate related disclosure in public company filings. On February 24, acting chair of the U.S.

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Nurdles are the Environmental Calamity of 2019

Green Building Law Update

Securities and Exchange Commission to allow them to omit the nurdle reporting proposal from their annual meeting agendas, but the SEC ruled that the companies could not omit the proposals. At least two of those companies, Chevron Corp. and Phillips 66 petitioned the U.S.

Products 159
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New SEC Guidance Portends More Stockholder ESG Activism

Green Building Law Update

Last week the Securities and Exchange Commission announced a subtle change in internal agency guidance that will have the consequence of more shareholder resolutions on ESG issues during the coming proxy season. Registration will be open to all; not just lawyers. Registration for the live virtual program opens soon. Save the Date.

Legal 156
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SEC Climate Risk Rule is Transformative At a Cost

Green Building Law Update

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. Last Monday, the U.S. The rule, which SEC Chair Gary Gensler acknowledges is based on the U.K.

Risk 156
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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

Given that real estate accounted for more than 25% of the gross state product (the state Gross Domestic Product) in Maryland last year and that more than 650,000 rent cases were filed in the Maryland courts in 2019, more than anything else the courts adjudicated, some have suggested the legislature might focus more of its efforts on real estate.

Maryland 227
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Implementing an ‘asset drawdown strategy’ for site decarbonization

BD+C

The trend toward electrification is being accelerated by upcoming Securities and Exchange Commission reporting requirements for large publicly traded companies as well as by the ongoing greening of the grid. The green power market, a subset of the larger electricity market in the U.S.,

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