In Associated Press and Financial Times, Michael Littenberg Discusses SEC Final Climate Risk Disclosure Rule and Lawsuits

In The News
March 8, 2024

Partner Michael Littenberg, global head of the firm’s ESG, CSR and business and human rights practice, was quoted in the Associated Press and the Financial Times discussing the US Securities and Exchange Commission’s final climate risk disclosure rules.

The SEC rules that require public companies to disclose some data on their emissions and other climate-related risks was adopted on March 6 and later in the day challenged by 10 US states petitioning to vacate the rule, accusing the SEC of overreaching its statutory authority.

Commenting shortly prior to the announcement of the lawsuit on the potential for litigation, “The controversy that has been going on for the last two years was not going to end when we got the SEC final rule. It will continue and maybe even heat up now that there is something concrete for people to shoot at,” said Michael.