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The U.S. Supreme Court (SCOTUS) declined to reinstate an order blocking the Biden administration from utilizing the social cost of greenhouse gas emissions (SC GHGs) as a key climate metric in Louisiana v. Biden on May 26, 2022. In February 2021, the U.S. Interagency Working Group (IWG) on the SC GHGs issued “Technical Support Document: […]
On May 23, 2022, the Securities and Exchange Commission (SEC) charged BNY Mellon Investment Adviser, Inc., for misstatements about and omissions of environmental, social, and governance (ESG) considerations in making investment decisions for certain mutual funds that it managed. BNY agreed to a cease-and-desist order and a censure and to pay a $1.5 million penalty […]
Morgan Hager is an expert in creating, implementing, optimizing, and managing impactful environmental, social, and governance (ESG) strategies for the downstream, midstream, and upstream segments of the oil and gas industry’s value chain. With more than 15 years of experience in international exploration, development, and refining of hydrocarbons around the world, Morgan has deep experience […]
On episode 110 of EHS On Tap, Tyler Davey, CEO, North America, for Alcumus, talks about the company’s new ESG solution and how businesses are progressing with ESG efforts.
On Thursday, April 28, 2022, California Attorney General (AG) Rob Bonta announced his office is launching an investigation to hold the fossil fuel and petrochemical industries accountable for their alleged role in creating and continuing a global plastic pollution crisis. “For decades, these industries have aggressively promoted the development of oil-based plastic products and campaigned […]
On episode 109 of EHS On Tap, R Mukund, CEO of Benchmark Digital, talks about ESG investing and how it can drive change.
On April 14, 2022, the EPA released its 29th annual report, “Inventory of U.S. Greenhouse Gas Emissions and Sinks.” The report presents an overview of national greenhouse gas (GHG) emissions from 1990 to 2020. The GHG inventory covers seven key GHGs: Carbon dioxide (CO2) Methane Nitrous oxide Hydrofluorocarbons Perfluorocarbons Sulfur hexafluoride Nitrogen trifluoride It also […]
On April 21, 2022, EPA Administrator Michael Regan signed a final action denying four petitions filed between 2017 and 2019, which challenged the Agency’s 2009 finding that “elevated concentrations of greenhouse gases (GHGs) in the atmosphere may reasonably be anticipated to endanger the public health and welfare of current and future U.S. generations.” The petitions […]
The EPA has struggled, and mostly failed, for many years to meet its obligations under the Endangered Species Act (ESA) to protect endangered species from pesticides. “EPA has an opportunity and an obligation to improve how it meets its duties under the [ESA] when it registers pesticides under the Federal Insecticide, Fungicide, and Rodenticide Act […]
The need for more corporate responsibility has evolved for today’s corporations and the next generation of business leaders in the form of environmental, social, and governance (ESG) initiatives. Investors, activists, and regulators are now requiring proactive, community-structured commitment and accountability that is designed to step above shareholder returns. Today’s global capital markets aren’t interested in […]