article thumbnail

Gleaning the Direction of ESG Regulation

Green Building Law Update

As attorneys we assist companies capturing opportunities while mitigating risks, including because our ESG efforts can be subject to attorney client privilege and confidential work product, it is our focused long term experience in sustainability law that truly advantages our clients in leveraging ESG risk as a business opportunity.

article thumbnail

Net Zero Pledges by Businesses are Fraught with Risk

Green Building Law Update

Businesses making a net zero claim like, “we will be net zero by 2030” risk a charge that they are misleading consumers. It is one thing when a political leaders in a government make an ESG claim. But it is another thing for a business to make ESG claims about net zero or otherwise that mislead customers.

Risk 156
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DuPont Resolves PFAS Claims with Delaware

Green Building Law Update

The Companies will fund up to an additional $25 million if they settle similar claims with other states for more than $50 million. That settlement brings to $753 million the total DuPont damages claim related companies have paid to resolve about 3,600 PFAS suits. Constitution, and this ‘sweetheart’ settlement recognizes that.

Delaware 156
article thumbnail

LEED can Mitigate Legal Risks in ESG Disclosures

Green Building Law Update

And today environmental groups are alleging greenwashing and intentional misrepresentation, including claims in contravention of the Federal Trade Commission Green Guides, targeting companies making ESG assertions. With respect to the risk, make no mistake, today there is no federal law requiring businesses to make ESG statements.

Legal 156
article thumbnail

FERC Decision Puts State Renewable Portfolio Standards At Risk

Green Building Law Update

But that progressive political position fails to acknowledge that this is a highly regulated space by both the federal and state governments in a Faustian public policy attempting to take into account both energy industry and environmental interests. They still can do so under this order.”.

article thumbnail

COVID-19 Liability for Building Owners

Green Building Law Update

And these questions are not unfounded because as of November 1, 2020, legal industry databases of state and federal litigation are tracking more than 6,100 cases involving Covid-19 claims. All of this begs the question if a business owner’s premises liability insurance covers such claims? With Covid-19 spreading across the U.S.

Liability 293
article thumbnail

ESG Accelerates Greenwashing

Green Building Law Update

Sidestepping for a moment those companies that set out to intentionally deceive other about their ESG bonafides, from time to time, what companies think their ESG claims mean and what others really understand are two different things. And while today it has a broader definition including not only environmental claims but also matters of ESG.

Claims 156