Harvard Corporate Governance

MARCH 25, 2022

Investors Expect Climate Action in 2022. Statement by Commissioner Lee on Proposed Mandatory Climate Risk Disclosures. Statement by Commissioner Peirce on Proposed Mandatory Climate Risk Disclosures. Statement by Chair Gensler on Proposed Mandatory Climate Risk Disclosures. Developments in U.S.

Equity 189

Equity Appraisal Compliance Technology 189

Harvard Corporate Governance

APRIL 6, 2022

X to require new climate-related disclosures will, if adopted, require an expansion in the scope and responsibilities of audit committees. In particular, the requirement for climate-related line items in audited financial statements will come within the scope of a registrant’s internal control over financial reporting (ICFR).

212

212

Harvard Corporate Governance

AUGUST 22, 2022

Securities and Exchange Commission regarding the Proposed SEC Climate Disclosure Rule. This post is based on a comment letter submitted to the SEC regarding the Proposed SEC Climate Disclosure Rule by Professor Rajgopal. I write in support of your proposed climate risk disclosures. A well-done academic paper by Alexander et al.

Compliance 188

Compliance Market Capitalization Marketability 188

Harvard Corporate Governance

DECEMBER 16, 2022

Fisher , Rule 14a-9 , section 14(a). How Companies Are — and Aren’t — Leading on Climate Policy. Tags: Climate change , COP27 , ESG , Green Finance , IGF , Sustainability. Preparing your 2022 Form 20-F. Posted by Connie Milonakis, Michael Kaplan, Michael Willisch, Davis Polk & Wardwell LLP, on Monday, December 12, 2022.

Compliance 241

Compliance Finance 241

Harvard Corporate Governance

APRIL 15, 2022

SEC Proposes Landmark Standardized Disclosure Rules on Climate-Related Risks. SEC Proposes Climate Disclosure Regime. Private Companies, Brown-Spinning, and Climate-Related Disclosures in the U.S. Comment Letter on Modernizing Section 13(d) and (g) Beneficial Ownership Reporting. Posted by Joseph A. Hall, Margaret E.

Finance 201

Finance Technology 201

Harvard Corporate Governance

JULY 28, 2022

This post is based on their comment letter submitted to the SEC regarding the Proposed SEC Climate Disclosure Rule. This post is based on a comment letter submitted to the SEC regarding the Proposed SEC Climate Disclosure Rule by James R. Section G: GHG Emissions Metrics Disclosure. Copland and Bernard S. more…).

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100

Harvard Corporate Governance

NOVEMBER 21, 2022

Environmental, ESG and Sustainability Issues : Issues such as climate change continue to receive significant attention from the SEC and investors. 10] Risk factor disclosure related to environmental issues should be tailored to the company’s specific circumstances and address a company’s own material risks.

Technology 243

Technology Marketability Compliance Finance 243

Harvard Corporate Governance

NOVEMBER 30, 2022

This year we’ve made noteworthy revisions in the following areas, which are summarized below but discussed in greater detail in the relevant sections of this document: Board Accountability for Climate Related Issues. We have included a new discussion on director accountability for climate related issues. companies.

Equity 227

Equity Marketability 227

Harvard Corporate Governance

AUGUST 3, 2022

Securities and Exchange Commission (“SEC”) has the legal authority to adopt and enforce its proposed climate-related disclosure rule. In doing so, the Court’s decision could provide a legal basis for challenges to other economically and politically significant regulatory efforts, such as the SEC’s proposed climate-related disclosure rule.

188

188

Harvard Corporate Governance

OCTOBER 7, 2022

Section 220 Decisions Amplify Stockholders’ Rights to Inspect Books and Records. Potential Litigation Risks Associated with the SEC’s Proposed Climate-Disclosure Rule. Tags: Climate change , Disclosure , SEC. Posted by Chuck Seets and Pat Niemann, EY, on Sunday, October 2, 2022. Posted by Gail Weinstein, Scott B.

Compliance 189

Compliance Dividends Banking Equity 189

Harvard Corporate Governance

NOVEMBER 23, 2022

In June, the comment period closed on the SEC’s proposed rulemaking on “The Enhancement and Standardization of Climate-Related Financial Disclosures” (the Proposal). This comment stated that “there is no legal basis to doubt the Commission’s authority to mandate public-company disclosures related to climate.”

Banking 186

Banking Finance Corporate Finance Accounting Firms 186

Harvard Corporate Governance

OCTOBER 20, 2023

Securities and Exchange Commission, on Saturday, October 14, 2023 Tags: Enron , Rule 13f-2 , SEC , Section 13(f)(2) Statement by Chair Gensler on Final Rules Regarding Short Sale Activity Posted by Gary Gensler, U.S. Uyeda, U.S.

Technology 189

Technology 189

Harvard Corporate Governance

JULY 2, 2023

And the behemoth proposal regarding climate change disclosure—identified on the last agenda as targeted for final action but not considered for adoption on the schedule as planned—reappears on the current calendar with a later target date. Will that new target be met?

Marketability 214

Marketability 214

Reynolds Holding

MARCH 19, 2023

[2] Shell is appealing, but has said that it “aim[s] to rise to the challenge.” [3] The current claim before the English High Court is the first known attempt to hold a company’s directors personally liable for allegedly failing to properly manage climate risk and to prepare the company for the energy transition.

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45

Harvard Corporate Governance

MARCH 10, 2023

The 2023 Reporting Season: Recent SEC Guidance Posted by Brian Breheny, Raquel Fox and Joseph Yaffe, Skadden, Arps, Slate, Meagher & Flom LLP, on Friday, March 3, 2023 Tags: Board dynamics , climate disclosures , DCPs , ESG disclosure , GAAP , MD&A , SEC enforcement ESG: Trends to Watch in 2023 Posted by Leah Malone, and Emily B.

Compliance 204

Compliance 204

Harvard Corporate Governance

NOVEMBER 4, 2022

Tags: Dodd-Frank Act , Form N-PX , Investor protection , Say on pay , SEC , SEC enforcement , Section 951.

Banking 212

Banking Technology 212

Harvard Corporate Governance

JUNE 2, 2023

This post includes the executive summary and overview sections from Proxy Preview report, an annual collaboration between the Sustainable Investments Institute (Si2), Proxy Impact and As You Sow. This post is based on the Proxy Preview report, an annual collaboration between the Sustainable Investments Institute, Proxy Impact, and As You Sow.

Marketability 130

Marketability Equity 130

Reynolds Holding

DECEMBER 12, 2023

In the global effort to protect the earth’s climate, the pace of regulation is rivaled only by the speed of technological innovation. While the SEC’s climate disclosure rules are pending, and will probably face litigation when final, regulations from other agencies and jurisdictions are likely to affect U.S.

Start-ups 72

Start-ups Compliance Finance Marketability 72

Harvard Corporate Governance

FEBRUARY 12, 2024

matters related to climate change, human capital management, diversity, stakeholder relations, and health, safety, and the environment). Board Accountability for Climate-Related Issues. Glass Lewis expanded the list of companies subject to its policy on board accountability for climate-related issues.

Equity 115

Equity Marketability 115

Harvard Corporate Governance

JULY 21, 2023

on Tuesday, July 18, 2023 Tags: Board evaluation , Board of Directors , Decision-making , Disclosure , proxy statements , shareholder engagement Testimony at the Committee on Financial Services’s hearing: “Oversight of the Proxy Advisory Industry” Posted by Subodh Mishra, Institutional Shareholder Services, Inc.,

Equity 188

Equity Marketability Banking 188

Reynolds Holding

MARCH 6, 2024

Today [March 6], the Commission is considering whether to adopt final rules to mandate climate risk disclosures by public companies and in public offerings. Thus, the SEC has no role as to climate risk itself. 2] We did so in 1980 when the agency adopted Management’s Discussion and Analysis (MD&A) sections in Form 10-K. [3]

Compliance 45

Compliance Corporate Finance Finance Marketability 45

Reynolds Holding

AUGUST 24, 2022

The SEC’s Proposed Rule on Climate-Related Disclosures. 1] In a public release, the SEC stated that the “initial focus [of the Task Force would] be to identify any material gaps or misstatements in issuers’ disclosure of climate risks under existing rules.” [2] Risk Management Disclosure. Financial Statement Metrics.

Banking 49

Banking Compliance Marketability Corporate Finance 49

Benzinga

FEBRUARY 6, 2024

The Company intends to utilize Section 2.12 CarbonBot is an innovative digital platform that tracks news related to climate-focused companies and generates articles using AI, incorporating capabilities of ChatGPT. These shares will be subject to a statutory hold period of four months and one day, starting from the closing date.

Finance 40

Finance Technology 40

Harvard Corporate Governance

JULY 22, 2022

Tags: Climate change , ESG , Human capital , Human rights , International governance , Securities regulation , Supply chain , Sustainability.

Marketability 205

Marketability 205

Reynolds Holding

MARCH 6, 2024

Today [March 6], much emphasis will be placed on how this rule has been dialed-back from the proposal, is focused on providing material information to investors, and that the Commission is not a climate regulator. In doing so, the rulemaking elevates climate above nearly all other issues facing public companies.

Compliance 53

Compliance Corporate Finance Marketability Finance 53

Reynolds Holding

APRIL 27, 2022

However, these trends were further accelerated by the 2021 revision of Japan’s Corporate Governance Code and the TSE’s listing section reform which took effect on April 4, 2022. The Growth section is mainly for former Mother section listed companies. More Japanese companies are also adding female directors to their boards.

Compliance 59

Compliance 59

Audit Board

AUGUST 31, 2023

What to Know About the UK, EU, and US Climate Disclosure Requirements: Essentials Current Status Why the increasing urgency? All requirements mandate that public companies and certain other entities include various climate-related proposals in their annual reports. Climate-Related Disclosures Proposal?

Compliance 52

Compliance Start-ups Technology Banking 52

Harvard Corporate Governance

AUGUST 18, 2023

McDonald and Roger A.

Compliance 186

Compliance Banking Marketability 186

Harvard Corporate Governance

NOVEMBER 23, 2022

In addition to the proposed US climate change reporting rules, preparation for reporting under the new EU rules will be an important topic for fall board meetings and nominating and corporate governance committees. We expect to see companies sending and receiving ESG questionnaires to gather the data necessary for their ESG reports.

Compliance 176

Compliance 176

Reynolds Holding

JANUARY 26, 2023

3] Cybersecurity and Climate The governance rules began to quickly stack up with the March 2022 cybersecurity proposal and the climate proposal, each of which mandates disclosure of board expertise, board structure and board risk analysis, and goes well beyond disclosure requirements.

Start-ups 94

Start-ups Marketability Compliance 94

Reynolds Holding

MARCH 7, 2023

Companies, banks, insurers and asset managers are increasingly working together within their industries on environmental, social and governance (“ESG”) initiatives to achieve shared goals on climate change, labor rights and other social issues. In August 2022, 19 state attorneys general wrote to the CEO of BlackRock. antitrust laws.

Banking 89

Banking Marketability Accounting Firms Compliance 89

Harvard Corporate Governance

SEPTEMBER 23, 2022

Tags: Financial reporting , Internal control , regulation , Sarbanes–Oxley Act , SOX , SOX Section 404.

Equity 214

Equity Technology 214

Reynolds Holding

SEPTEMBER 7, 2022

Even Shell, an oil supermajor and for a long time a bête noir of climate campaigners, has set itself the target to “become a net-zero emissions energy business by 2050.”. Against a backdrop of lackadaisical climate policy, that sounds like a rare piece of good news for climate campaigners.

Start-ups 45

Start-ups Finance Firm Value Technology 45

Reynolds Holding

APRIL 10, 2022

X to require new climate-related disclosures will, if adopted, require an expansion in the scope and responsibilities of audit committees. In particular, the requirement for climate-related line items in audited financial statements will come within the scope of a registrant’s internal control over financial reporting (ICFR).

Compliance 45

Compliance 45

Reynolds Holding

MARCH 29, 2022

On March 21, 2022, the SEC formally launched one of the most significant initiatives ever taken in its nearly 90-year history: proposals for disclosure of climate-related risks. SEC, The Enhancement and Standardization of Climate-Related Disclosures for Investors. 11042 (March 21, 2022)).

Banking 72

Banking Market Capitalization Marketability 72

Reynolds Holding

APRIL 14, 2022

Securities and Exchange Commission issued for public comment a rule proposal that, if adopted, would require reporting companies to provide certain climate-related information in their registration statements and annual reports filed with the SEC. On March 21, 2022, the U.S. I. Proposed Changes to Regulation S-X. Rule 14-02(b)(2).).

Finance 40

Finance Technology 40

ThomsonReuters

MARCH 23, 2023

For more information, see EBIA’s 401(k) Plans manual at Sections XXV.D.2.b Under the final rule, ERISA plan fiduciaries still must focus on relevant risk-return factors and may not subordinate the interests of participants and beneficiaries to objectives unrelated to the provision of benefits under the plan. Contributing Editors: EBIA Staff.

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