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SEC Chair Tweets about Upcoming ESG Regulation

Green Building Law Update

Securities and Exchange Commission Chair Gary Gensler Tweeted about the future of ESG regulation. Continuing with the analogy to fat free milk, Gensler described that an investor in a fund making ESG claims should be like a supermarket shopper reading a food box label for the “ingredients underlying these funds.” Last week U.S.

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SEC Charges Mining Company with Misleading Investors in its ESG Disclosures

Green Building Law Update

Securities and Exchange Commission last month charged Vale S.A., a publicly traded Brazilian mining company and one of the world’s largest iron ore producers, with making false and misleading claims about the safety of the Brumadinho dam including through its environmental, social, and governance (ESG) disclosures.

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Organic on the FTC Agenda

Green Building Law Update

The word is “organic” as it relates to non-agricultural products is the topic of the October 20, 2016, roundtable sponsored by the Federal Trade Commission and the U.S. If a business makes environmental claims in its ads or on its products or in its building, the Federal government offers guidance through the FTC’s Green Guides.

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Historic Church Appeals to Higher Authority in Solar Dispute

Green Building Law Update

The First Parish in Bedford, Unitarian Universalist church has appealed from a decision of the Historic District Commission of the Town of Bedford that denied First Parish’s application for a certificate of appropriateness to install solar panels on its Meetinghouse roof. Until 1954 the roof shingles were wooden.

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FTC Order Restricts use of “All Natural”

Green Building Law Update

The Federal Trade Commission issued a summary decision against California Naturel, Inc., However, the FTC is clear that “marketers must identify all express and implied claims that the advertisement reasonably conveys” and “ensure that all reasonable interpretations of their claims are truthful.” 62125 (2012).

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GRESB Purchased from GBCI in advance of ESG Breakout

Green Building Law Update

GRESB was established in 2009 as the Global Real Estate Sustainability Benchmark by three pension funds who wanted to assess and benchmark the Environmental, Social and Governance (ESG) and other related performance of real assets, providing standardized data to capital markets. at odds with reality.”

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Highlights from the Greenbuild Legal Forum

Green Building Law Update

There were two presentations that I found most interesting: Stephen Del Percio, of Green Real Estate Law Journal , reviewed the Federal Trade Commission's Green Guides, which regulate environmental claims. Attorney Dan Sheridan provided a thorough recap of the Legal Forum on his blog, Legally Green. Building Metrics Take Center Stage.

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