This blog post provides an overview of the case, ClientEarth v. Shell's Board of Directors, in the context of corporate climate litigation, specifically other claims brought against Shell.
Cynthia Hanawalt and Maria Antonia TigreFebruary 15, 2023
These comments provide observations and recommendations to the Federal Acquisition Regulation Council regarding its proposal to require certain Federal contractors to disclose greenhouse gas emissions and climate-related financial risk and to set science-based targets to reduce their greenhouse gas emissions.
Jack Lienke and Derek SylvanFebruary 13, 2023
Comments to the FAR on the Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk
These comments support the Federal Acquisition Regulatory Council's proposed rule on the disclosure of greenhouse gas emissions and climate-related financial risk. The Proposed Rule is an important step to safeguarding and promoting efficient and economical procurement, and ensuring resilience of essential government functions in light of escalating climate-related financial and…
These comments support the Draft Principles as an important step in the Board’s efforts to guide banks to update their risk management practices as needed in light of climate-related financial risks, thereby promoting safety and soundness. We recommend that the Board continue building upon these Draft Principles with final guidance,…
These comments support the Federal Insurance Office's proposal to collect information from property and casualty insurers regarding current and historical underwriting data on homeowners' insurance. This data collection would mark a critical step towards understanding how climate-related disasters may affect the availability and affordability of insurance for U.S. householders. This…
Stephanie Jones, Michael Panfil, Karina French and Jeffrey FralickDecember 20, 2022
This blog discusses the Department of Labor's final rule that was issued on Tuesday, November 22, that allows for plan fiduciaries to consider climate change and other environmental, social, and governance (ESG) characteristics when they choose investments and exercise shareholder rights, reversing a Trump-era rule that sought to constrain this…
Cynthia Hanawalt and Eleonor Dyan GarciaNovember 23, 2022
This blog post discusses the Net Zero Banking Alliance, which is one of the more than 150 business climate collaborations that have arisen in recent years as the private sector begins to grapple with its role in combatting climate change. As these groups have proliferated, they have faced scrutiny from…
Cynthia HanawaltNovember 4, 2022
These comments strongly support the Commodity Futures Trading Commission's ("Commission") efforts to respond to the financial consequences of climate change and highlight the legal basis for appropriate rule-making to address these risks. Regulations to address climate risk are consistent with the Commission's mandate to ensure the integrity of transactions under…
Eleonor Dyan Garcia, Cynthia Hanawalt and Romany WebbOctober 7, 2022
Catastrophe bonds are the most well-known type of ILS to transfer catastrophe risk to capital market investors and the second-largest according to volume. The first catastrophe bonds were issued in the mid-1990s and the market has been steadily growing since that time. This primer explains the general mechanics of catastrophe…
Carolyn KouskySeptember 20, 2022