The Securities and Exchange Commission recently proposed amendments to their existing disclosure policy that would require publicly traded corporations to disclose more information regarding climate change related risks, and how those risks may impact the company’s business and outlook (read,
EHS Law Insights
Comment and analysis by Reed Smith lawyers on the latest developments in Environmental Health & Safety
EHS Law Insights, published by Reed Smith LLP, focuses on legal developments and regulatory changes in environmental health and safety (EHS). The blog covers topics such as carbon removal credit regulations, chemical substance bans like PFAS, environmental rule rollbacks by agencies like the EPA, and shifts in enforcement priorities under different administrations. It also addresses compliance strategies for industries affected by environmental laws, updates on air and water pollution standards, and the impact of federal and state regulatory actions on corporate environmental responsibilities. The blog provides analysis relevant to industries navigating evolving environmental regulations and sustainability mandates.
Latest from EHS Law Insights - Page 6
Understanding the Scope of the SEC’s Proposed Scope 3 Emissions Reporting Mandate
On March 21, 2022, the U.S. Securities Exchange Commission (“SEC”) approved and released a proposed rulemaking package (the “Proposed Rule”) that would enact sweeping changes to climate-related disclosures. One key component of the Proposed Rule is a reporting requirement for…
EU public consultation on Commission’s review of the RoHS Directive
The European Commission is currently seeking public comment as part of its review of the Restriction of Hazardous Substances in Electrical and Electronic Equipment Directive (Directive 2011/65/EU) (the RoHS Directive).
The aim of the RoHS Directive is to reduce the…
EPA Proposes Rulemaking to Update All Appropriate Inquiry Standards for Phase Is
On March 14, 2022, the U.S. Environmental Protection Agency (“EPA”) published (1) a direct final rule and (2) a proposed rule that would update the standard that consultants follow to ensure Phase I reports satisfy the All Appropriate Inquiry standard…
DOJ Officials Signal Increased Collaboration with DOL and Re-Implementation of Worker Endangerment
In the initial months of 2022, the Department of Justice (DOJ) has indicated that it will increasingly pursue cases relating to worker safety and safe working conditions through formal collaboration with the Department of Labor (DOL), as well as its…
California Clean Hydrogen Bill Targets Alternative Energy Sources for Expansion
A new “Clean Hydrogen Bill” (SB 1075, Skinner) has been introduced in the California Legislature as a means of achieving the State’s goals for reducing greenhouse gas emissions and mitigating climate change. If passed, this bill would significantly…
European Commission proposes to expand the EU emissions trading scheme
Last year, the European Commission published its proposal to expand the EU emissions trading scheme (“EU ETS”). The expansion of the EU ETS forms a central part of the Commission’s “Fit for 55” package, which seeks to revise EU climate,…
EPA PFAS testing targeted industry and will now look to public water systems
During 2021, the U.S. Environmental Protection Agency (EPA) collected discharge data for PFAS as part of its Multi-Industry PFAS Study. The purpose behind the study was to identify facilities producing or using PFAS, look at their wastewater characteristics, estimate…
EU banking watchdog publishes rules on banks reporting climate-risk data
The European Banking Authority (“EBA”) recently published final rules for lenders on how they must publish data on environmental, social and governance (“ESG”) risks, and how these risks may affect their balance sheets. The watchdog hopes that the proposed rules…
European Commission opens a public consultation on the “sustainable consumption of goods – promoting repair and reuse”
The European Commission recently opened a public consultation on the “sustainable consumption of goods – promoting repair and reuse”. The Commission is looking to amend the Sale of Goods Directive and possibly introduce a separate new legislative proposal on the…