In the past year, Mayer Brown’s Larry Cunningham has twice testified before Congress on aspects of corporate governance and securities disclosure, along with co-authoring several comment letters on such topics as the SEC’s climate disclosure proposal and the FDIC’s corporate governance proposal. Most recently, his written testimony from last month’s hearing on oversight of the
Climate Change
Exxon’s Suit Over Shareholder Proposal Rule Should Help the SEC Refocus on Investor Protection
Bloomberg Law has published Larry Cunningham’s opinion piece on this high-visibility lawsuit.
Exxon Mobil Corp. recently attracted significant attention after suing two climate activists who sent a shareholder proposal asking that the company set stringent targets to slash its greenhouse gas emissions and those of its customers.
If implemented, the proposal would effectively place a…
Comment Letter on SEC Climate Disclosure Proposal by CohnReznick
It’s well known that the SEC’s pending climate disclosure rule stoked a great deal of debate, particularly concerning the costs and benefits and questions of the SEC’s authority. Equally important are some less dramatic but more profound practical concerns about the rule’s auditing requirements.
Consider the views on this topic of CohnReznick, a national accounting firm…
Lawrence Cunningham Testifies on the SEC’s Proposed Climate Disclosure Rule Before the House Financial Services Committee
Mayer Brown’s Larry Cunningham testified today before the House Financial Services Committee at a hearing titled: Oversight of the SEC’s Proposed Climate Disclosure Rule: A Future of Legal Hurdles.
The SEC’s proposed climate risk disclosure rules, which we discussed here have proven to be quite controversial and generated significant comment from market participants. The SEC is…
Global Climate Change Disclosure Initiatives and Board Corporate Governance Considerations
Climate disclosure regulations are among the most significant and complex challenges faced by companies and boards, with a variety of requirements emanating this past year from numerous governmental authorities and non-governmental organizations. This white paper offers a thumbnail sketch of key features and differences of a dozen authorities, followed by considerations for boards concerning disclosure…