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Chamber of Commerce v. California Air Resources Board: Complaint

Harvard Corporate Governance

Chamber of Commerce against California over the state’s new corporate climate disclosure laws. CALIFORNIA AIR RESOURCES BOARD, LIANE M. RANDOLPH, in her official capacity as Chair of the California Air Resources Board, and STEVEN S. Defendants. INTRODUCTION 1. on Nat’l Res., Analysis of SB. 261 (2023–2024 Reg.

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California enacts major climate-related disclosure laws

Harvard Corporate Governance

Under a pair of California laws signed by Governor Newsom on October 7, 2023, many large U.S. California passed two climate-related disclosure bills: S.B. Strine, Jr; Corporate Purpose and Corporate Competition (discussed on the Forum here ) by Mark J.

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California Court Finds California Board Diversity Law Unconstitutional

Harvard Corporate Governance

On April 1, 2022, the Superior Court of California, County of Los Angeles granted the plaintiffs’ motion for summary judgment in a case challenging the legality of AB 979 under the California Constitution. Strine, Jr. discussed on the Forum here ).

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California Appeals Court reinstates injunctions against California Board diversity laws

Harvard Corporate Governance

You may recall that, earlier this year, two Los Angeles Superior Courts struck down as unconstitutional two California laws mandating that boards of public companies achieve specified levels of board diversity and enjoined implementation and enforcement of the legislation. See this PubCo post.)

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The California Effect: Visionary Climate Disclosure Laws Will Have FarReaching Impact

Harvard Corporate Governance

These landmark Laws could form the latest chapter of the “California effect,” the phenomenon where strict environmental regulations passed by California ripple outward, spreading to other states and beyond. companies doing business in California, both private and public, so long as they exceed certain revenue thresholds.

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Major California climate-related disclosure bills poised to become law

Harvard Corporate Governance

Under a pair of California bills poised to become law, many large U.S. Once finalized, the laws will have a profound impact on companies doing business in California, with certain disclosure requirements going beyond the requirements of the SEC’s proposed climate-related disclosure rule or the current practices of most public companies.

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California Gender Board Diversity Law Is Held Unconstitutional

Harvard Corporate Governance

The law suffers the same fate as the California board diversity law requiring directors from “underrepresented communities.”. Padilla I finding that California Corporations Code Section 301.3 (SB Padilla I finding that California Corporations Code Section 301.3 (SB Green similarly ruled in Crest v.

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