A notice in the Federal Register yesterday provided details on upcoming public listening sessions and initiated a new comment period for the United States Extractive Industries Transparency Initiative’s (USEITI) Stakeholder Assessment, which was published last Friday. USEITI is the U.S. implementation of, well, “regular” EITI, a global coalition of governments and companies that sets standards [...]
Archive for the ‘Environmental Disclosure’ Category
17 May
Oxfam American Sues Securities and Exchange Commission Over Pokey Rulemaking
As reported by E2 Wire’s The Hill, as well as Oxfam itself, the International relief and development organization has recently filed a lawsuit in U.S. District Court for the District of Massachusetts against the SEC for “unlawfully delaying the issuance of a Final Rule implementing a provision of the Dodd-Frank Act that requires disclosure of payments [...]
3 May
Recently in Environmental Disclosure: “20,000 barrels of crude oil were leaked”
As we’ve posted in the past, public companies must generally disclose environmental legal proceedings in various reports to the SEC, and whether or not those proceedings have a material effect on the company’s financial position. Companies may also disclose business risks related to current or pending environmental regulation. Below is the juiciest stuff we could find [...]
12 Apr
Recently in Environmental Disclosure: Fugitive Emissions
As we’ve posted in the past, public companies must generally disclose environmental legal proceedings in various reports to the SEC, and whether or not those proceedings have a material effect on the company’s financial position. Companies may also disclose business risks related to current or pending environmental regulation. Below is the juiciest stuff we could find [...]
27 Mar
Compelling Disclosure of Fracking Chemicals
Yesterday, The Hill’s E2 Wire reported on one of the latest attempts to extract information from drilling companies on the chemical make-up of liquids used in the hydraulic fracturing process. This time, in Wyoming, a group of public health and environmental organizations are petitioning the Wyoming Oil and Gas Conservation Commission (WOGCC, whose website gives [...]
12 Mar
EPA to End Support of Voluntary Disclosures?
This just in from Seyfarth Shaw: The U.S. EPA’s Office of Enforcement and Compliance Assurance has issued its draft guidance on the Fiscal Year 2013 enforcement program [...] The FY 2013 Draft Guidance identifies EPA’s intent to significantly cut back traditional federal enforcement strategies across all major federal environmental programs, and to eliminate the voluntary [...]
7 Mar
Recently in Environmental Disclosure: ‘We will defend vigorously against all of the claims’
As we’ve posted in the past, public companies must generally disclose environmental legal proceedings in various reports to the SEC, and whether or not those proceedings have a material effect on the company’s financial position. Companies may also disclose business risks related to current or pending environmental regulation. Below is the juiciest stuff we could find [...]
2 Feb
The Ups and Downs of Fracking Disclosure
Davis Polk wants you to be well informed when preparing environmental disclosures for upcoming 10-K and 20-F filings. In a recent client memorandum, the firm highlights key issues in this arena, including disclosure related to hydraulic fracturing. The memo echoed the previous comments of Andrews Kurth, which suggested that the SEC was, perhaps, a little [...]
19 Jan
This Week in Environmental Disclosure: discharges of excess quantities of sugar
As we’ve posted in the past, public companies must generally disclose environmental legal proceedings in various reports to the SEC, and whether or not those proceedings have a material effect on the company’s financial position. Companies may also disclose business risks related to current or pending environmental regulation. Below is the juiciest stuff we could find [...]
12 Jan
EPA Releases First Batch of GHG Emissions Data
The EPA announced yesterday that they had made available for the first time greenhouse gas emissions data “reported directly from large facilities and suppliers across the country.” Data included in the interactive tool so far include 2010 emissions from facilities that emit 25,000 metric tons or more per year of GHGs, reported to the EPA [...]
