Client Alert: Supreme Court Rules to Allow EPA to Enforce GHG Reductions by Power Plants

Client Alert: Supreme Court Rules to Allow EPA to Enforce GHG Reductions by Power Plants

On November 5, 2024, the U.S. Supreme Court issued a decision leaving in place a rule, issued by the U.S. Environmental Protection Agency (EPA) in May 2024, which requires reductions of Greenhouse Gas (GHG) emissions by power plants.

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Client Alert: The New ISO Net-Zero Standard

Client Alert: The New ISO Net-Zero Standard

A new, Net-Zero standard for carbon emissions will be published by the end of 2025 by the International Organization for Standardization (ISO), the global authority for organizational management, manufacturing quality, and technology standards.

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Client Alert: Preparing for OSHA's 2024 HazCom Final Rule

Client Alert: Preparing for OSHA's 2024 HazCom Final Rule

OSHA’s 2024 final rule updates the Hazard Communication Standard (HazCom) to align with GHS Revision 7, incorporating elements of Revision 8. KERAMIDA is ready to help you reclassify products, update SDSs, and ensure your workplace is compliant.

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Client Alert: Australia Passes Law to Begin Mandatory Climate Reporting

Australia voted today to pass the Treasury Laws Amendment bill.

This will introduce mandatory climate-related reporting requirements for large and medium-sized companies. Starting as early as 2025 for the largest companies, these requirements will include disclosures on climate-related risks, opportunities, and greenhouse gas emissions across the value chain.

The Australian Accounting Standards Board (AASB) is currently developing disclosure standards aligned with IFRS S1 and IFRS S2 for Australian companies. These disclosure standards are expected to be published soon and the Australian Auditing and Assurance Board is in the process of developing climate disclosure assurance standards which are expected to issue in late 2024. 

Client Alert: California Senate Extends Climate Disclosure Reporting Deadline

The California Senate has voted to approve an amendment to California's climate disclosure laws, granting the California Air Resources Board (CARB) an additional six months to develop regulations related to the reporting of greenhouse gas emissions.

The amendment introduces several changes to California Health and Safety Code 38532 (introduced as California Senate Bill 253) and California Health and Safety Code 38533 (introduced as California Senate Bill 261). The proposed amendment was introduced as SB 219 and effectively extends the previous January 1, 2025, reporting deadline to July 1, 2025, for purposes of reporting out greenhouse gas emissions under California Health and Safety Code 38532 (CA SB 253). Currently, the reporting deadlines have not changed for California Health and Safety Code 38533 (CA SB 261).

Client Alert: 2024 TSCA Chemical Data Reporting is OPEN!

Client Alert: 2024 TSCA Chemical Data Reporting is OPEN!

2024 CDR Reports must be submitted to EPA prior to September 30, 2024. This reporting applies to chemical substances that are manufactured (including substances that are incidentally manufactured as a co-product or by-product) or that are directly imported in quantities above the general threshold of 25,000 pounds (or as low as 2,500 pounds for specifically designated chemicals).

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CAL/OSHA’s Indoor Heat Illness Regulation Now In Effect

CAL/OSHA’s Indoor Heat Illness Regulation Now In Effect

This week the California Department of Industrial Relations issued a news release stating that the Office of Administrative Law (OAL) approved the Cal-OSHA Indoor Heat Illness Regulation on On Tuesday, July 23, 2024 and that the regulation goes into effect immediately.

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Several States File Lawsuit to Block New SEC Climate Disclosure Rules

Several States File Lawsuit to Block New SEC Climate Disclosure Rules

Client Alert: Just hours after the SEC adopted the new climate-related disclosure rules, a coalition of ten states announced the launch of a lawsuit in the U.S. federal appeals court to block the new rules.

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The SEC Issues Final GHG Rule

The SEC Issues Final GHG Rule

Client Alert: On March 6, 2024, the Securities and Exchange Commission adopted final rules to require registrants to disclose certain climate-related information in registration statements and annual reports.

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Large Scale TNFD Nature-Related Corporate Reporting Underway

Large Scale TNFD Nature-Related Corporate Reporting Underway

Client Alert: Last week the Taskforce on Nature-related Financial Disclosures (TNFD) reported that 320 organizations from more than 46 countries have pledged to initiate nature-related disclosures following the TNFD Recommendations released in September of the previous year.

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EFRAG Proposes Implementation Guidance for ESRS

EFRAG Proposes Implementation Guidance for ESRS

Client Alert: The European Financial Reporting Advisory Group (EFRAG) has published its first three draft European Sustainability Reporting Standards (ESRS) Implementation Guidance documents for public feedback.

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California's First-in-the-Country GHG Emissions & Climate Risk Laws

California's First-in-the-Country GHG Emissions & Climate Risk Laws

Client Alert: On October 7, 2023, California Governor Gavin Newson signed two landmark bills into law requiring large companies doing business in California to publicly report their annual GHG emissions (Senate Bill (SB) 253) and climate-related financial risks (SB-261).

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