- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2024-01-30T21:20:00
A coalition of business groups filed a lawsuit opposing two California laws that require large businesses to make climate-related disclosures, calling it a fight against illegal and excessive government overreach.
The U.S. Chamber of Commerce, the American Farm Bureau Federation, the California Chamber of Commerce, and several other state business organizations filed the lawsuit Tuesday in U.S. District Court for the Central District of California.
Signed by California Gov. Gavin Newsom in October, the “Climate Corporate Data Accountability Act” (SB 253) will require companies with more than $1 billion in revenue doing business in the state to disclose greenhouse gas (GHG) emissions each year to a reporting organization contracted by California Air Resources Board.
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2024-04-05T16:40:00Z By Aaron Nicodemus
The Securities and Exchange Commission delayed implementation of its climate-related disclosure rule until the courts can rule on appeals filed in response to the controversial policy.
2024-02-01T14:01:00Z By Ruth Prickett
Richard Brasher, vice-president of sustainability at multinational automotive parts company LKQ Corp., discusses with Compliance Week his view on the added attention sustainability initiatives are receiving and where improvement remains.
2023-10-11T17:42:00Z By Kyle Brasseur
The governor of California signed off on a pair of bills containing requirements for large businesses operating in the state to make disclosures regarding their climate-related risks and impacts, though not without mentioning work to be done on the compliance ramifications associated with each law.
2025-03-13T21:25:00Z By Ruth Prickett
The European Commission has adopted proposals for radical simplifications to the EU’s trailblazing environmental regulations. The commissioners argue that this is a pragmatic response to changing global economics and indicates that they have listened to the concerns of smaller businesses that are struggling to comply with onerous and conflicting rules. ...
2025-02-18T19:25:00Z By Aaron Nicodemus
U.S. President Donald Trump has proven himself to be a chaos agent in the opening weeks of his second term, firing federal workers, shuttering agencies, and issuing executive orders that attempt to upend policies and laws he doesn’t like.
2024-10-25T15:38:00Z By Ruth Prickett
Supply chains are about to become the next big thing in sustainability compliance. However, many organizations still lack the data and assurance capabilities to track sustainability and human rights activities across their extended supply chains – which is required by the EU’s CS3D. Many others that fall out of scope ...
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