Crowe "Your ESG Updates are Here – December Edition"

 
  
New carbon offset law in California 
  
If you market, sell, or purchase voluntary carbon offsets in California, a new law mandates reporting. 
  
See how to prepare
  
Regulatory and governance updates 
SEC updates timing on climate rule
The SEC recently updated its regulatory agenda, showing the final climate disclosure rule could come by April 2024. 
View the updated agenda
View the proposed rule

Understanding principles for managing climate-related financial risk
Newly released, voluntary principles can help large financial services organizations identify and mitigate climate-related financial risks and be seen as leaders in sustainable finance. 
Get the insight

New California ESG-related legislation
A variety of ESG-related bills recently became law in California. In addition to the carbon offset bill mentioned above, the Climate Corporate Data Accountability Act and the Greenhouse Gases: Climate-Related Financial Risk Act will require new corporate emissions and climate risk reporting, while the New Diversity Reporting Law will require venture capital companies to report certain demographic information. 
Read more about the climate laws
Read the diversity reporting legislation

5 steps to help prepare for CBAM
The first reporting phase for the European Union’s new Carbon Border Adjustment Mechanism (CBAM) is underway. Is your business ready? Crowe specialists discuss five steps to help you prepare. 
Get the steps
  
In case you missed it 
The critical role of internal audit in ESG

How CDP reporting helps companies hit multiple goals
  
Looking for more information on ESG? 
Check out our ESG resource center for the latest updates on regulations, best practices, and industry developments. 

Ready to take the next step on your ESG journey? Contact our team. 

  
Chris McClure 
  
Partner, ESG Services Leader 
[email protected]
  

  
Daniela Arias 
  
Advisory 
[email protected]

  
Rebecca Miller 
  
Advisory 
[email protected]
  

  
Animesh Shah 
  
Advisory 
[email protected]
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