The October issue of Horizon covers late-breaking developments in sustainability law, among them CARB’s postponement of rulemaking – but not reporting deadlines – for SBs 253 and 261; the historic TotalEnergies greenwashing decision; proposed changes to the EUDR that would preserve current reporting dates; federal banking regulators’ withdrawal of climate

Continue Reading Recent ESG legal developments

In the September issue of Horizon, we report on late-breaking developments in ESG law – in particular, the California Air Resource Board’s release of its SB 261 Preliminary List of Reporting/Covered Entities; another potential delay for the EUDR; the Ontario Securities Commission’s greenwashing allegations against an asset management company

Continue Reading Recent ESG legal developments

On September 12, 2025, the Eighth Circuit Court of Appeals ordered that the proceedings in Iowa v. SEC – the case challenging the Securities and Exchange Commission’s (SEC) landmark climate disclosure rules – remain paused until the SEC either reconsiders the rules through the notice-and-comment rulemaking process or decides to

Continue Reading Eighth Circuit pauses SEC climate rules litigation pending SEC action

The August issue of Horizon is now available, covering an array of late-breaking developments in ESG law. Among the developments we cover in this issue: the coming reporting deadline under California’s SB 261; the €1 million greenwashing fine levied against Shein’s web provider; latest developments around the Endangerment Finding; the

Continue Reading Recent ESG legal developments

The Securities and Exchange Commission (SEC) has asked the Eighth Circuit Court of Appeals to lift its stay and issue a ruling in Iowa v. SEC, the case challenging the validity of its landmark Climate Disclosure Rules (Rules). At the direction of the court, the SEC filed a status

Continue Reading SEC asks Eighth Circuit Court of Appeals to rule on Climate Rules litigation

The US Court of Appeals for the Eighth Circuit recently granted the Motion to Hold Case in Abeyance (the Motion) in Iowa v. US Securities and Exchange Commission – the case challenging the SEC’s 2024 climate disclosure rules – thereby pausing or delaying the proceedings until further order of the

Continue Reading Eighth Circuit indefinitely pauses SEC climate rule litigation: Key implications for public companies

The Securities and Exchange Commission (SEC)’s March 27, 2025 decision (the Decision) to withdraw the defense of its landmark climate-related disclosure rules adopted in March of 2024 (the Rules) did not formally pause or terminate the ongoing litigation.

On April 4, 2025, a group of 18 intervening states and the

Continue Reading SEC’s climate rule litigation update: Is it actually over?