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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. You do not need to be a futurist to know that SEC regulation of ESG is coming although precisely when has been unclear, however, it is now apparent that the SEC will release a proposal at its March 21 Open Meeting. Last week U.S.

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Miami Beach’s New Green Building Tax

Green Building Law Update

The new law requires the payment of a Sustainability Fee prior to obtaining a Temporary Certificate of Occupancy, Certificate of Occupancy, or Certificate of Completion. A builder has up to two years to obtain a full or partial refund of the fee depending on the level of green building certification achieved.

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Hastings is Adopting a Unique Green Building Code

Green Building Law Update

Hastings on Hudson, a village with a population of just over 9,400, located east of the Hudson River, less than 20 miles north of Times Square, conducted a final public hearing last evening on its custom written Green Building Code. nor any of the national green codes, rating systems or standards.

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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., Many investors rely on ESG disclosures like those contained in Vale’s annual Sustainability Reports and other public filings to make informed investment decisions,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. “By

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SEC Alters Environmental Disclosure Requirements for First Time in 30 Years But

Green Building Law Update

A policy making official at a major NYSE member firm suggested, “the only reasonable inference is that these matters are not ‘material’ in the parlance of security regulation by the Federal government.”. Just last Saturday, the Wall Street Journal published an Op-Ed, “Sustainable Investing is a Self-Defeating Strategy.”.

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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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A Corporate Diversity Benchmark in ESG

Green Building Law Update

We are regularly asked if there is a checklist for ESG compliance and while there is not, with promised federal regulations not yet promulgated, there is good guidance available. If we can assist you or someone you work with in ESG strategy and solutions, from policy to project implementation, do not hesitate to reach out to me.

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