Tanya Gass’ Post

What future regulation or policy changes related to transition planning are on the horizon in the UK and internationally that could impact you as a non-executive director? How can the transition plan be presented as a ‘strategic’ opportunity for the business and not just a regulatory compliance exercise? Today's debate delved into key questions facing boards as they navigate the rapidly changing regulatory landscape surrounding climate transition planning and clarify its business implications. Addressing and participating in the climate transition to safeguard and enhance long-term value is a board-level responsibility aligned with directors’ duties. Beyond mere compliance, the transition plan is essential to a company’s corporate strategy and should be positioned as a strategic exercise to drive business opportunities and investment allocation. A week after London Climate Action Week, here are my key takeaways: ⭕️ Embracing circularity is a powerful decarbonisation tool, strategically vital for securing resources and strengthening supply chain resilience. 🏗️ Synchronize climate goals with industrial strategy. ⛓️ Emphasize supply chain collaboration and prioritise SMEs. Innovation and financing are crucial. ⚡️ Reduce bureaucracy for renewables and significantly expand grid and storage infrastructure. Reliable, stable, and flexible clean energy is essential for electrifying industrial processes. #TransitionPlanning #ClimateStrategy #CorporateGovernance #Sustainability #BoardLeadership #RegulatoryCompliance #NED

Register for IR Magazine’s webinar, with our own Aaron Rudd as panelist, “The SEC’s climate disclosure rules: Developing the right governance plan” where the following topics with be discussed: • What should corporate secretaries and other governance professionals be telling their boards about the rules, related oversight and potential risks? • Which governance policies and processes will companies and boards need in the short and longer term? • What other steps should in-house legal and other governance professionals be taking now to prepare for the rules? • How will compliance efforts vary depending on a company’s cap size?

🔔New module live in our #TransitionPlanning series: Navigating the regulatory landscape   In partnership with EY, our essential 'Getting Started' module on navigating the regulatory landscape is now live on our website.   This module equips #NonExecutiveDirectors to prepare for the transition by positioning transition plans in the wider context of corporate reporting and other regulatory expectations, exploring how to manage legal liability risk, and preparing for audit and assurance of climate- and sustainability-related disclosures.   📖 Read our bitesize key takeaways and listen to practical insights into the current regulatory landscape of transition planning and the role of the non-executive director in fostering and executing transition plans.   ➡️ View the module here: https://lnkd.in/eytzHnna   With thanks to EY climate and legal experts Rebecca Farmer, David Kennedy and James Hutchinson and speakers Nilufer von Bismarck, Teye Mkushi and Julie Carlyle for your input.

Join us for an informative webinar on Wednesday, April 17th at noon, where our former SEC Enforcement alumni will provide insights on the latest regarding the SEC's climate-related disclosure rules, internal investigations, and potential areas of focus for SEC enforcement. Register now using the link below to stay up-to-date on the latest SEC enforcement trends related to ESG issues. #SEC #enforcement #ESG #webinar

#Litigation around the #SEC #climate #disclosure rule already started one day after the final requirements were published. My colleague Henry Engler reports on #legal experts' pros and cons of the #FirstAmendment argument in this article. Read below 👇 #environment #sustainability #riskmanagement #risk #ESG #social #governance #sustainablefinance https://lnkd.in/enbDYJzQ

Join our experts from Uplift, Deon Glaser and Corinne Graper alongside R. Juge Gregg from our partner, Crowell & Moring on April 10th at 2 pm ET for an insightful discussion diving into the intricacies of the SEC's latest climate disclosure rule from legal, technical, and communication perspectives. Register now to secure your spot: https://lnkd.in/gbHMphkA  The webinar will guide you through: ✅ Understanding the rule's requirements ✅ Implications for various business functions ✅ Actionable compliance strategies We'll explore the heightened risk of greenwashing accusations and potential litigation against companies in light of the SEC rule and offer effective communication strategies to authentically portray sustainability efforts while mitigating legal and reputational risks. Don't miss out on this opportunity to stay ahead of the curve and ensure your company's compliance and sustainability efforts are robust and effective to comply with the new rule. #SEC #SECClimateDisclosure #Webinar #Compliance

Part 3 of the 2024 General Counsel Report is here. This collaborative effort between FTI Technology and Relativity examines the challenges faced by corporate legal departments across the globe, including Australia, amidst the rapidly evolving digital risk landscape. Part 3 shines a spotlight on the issues confronting legal departments, particularly in the realms of data privacy and environmental, social and governance (ESG) concerns. Download the report here: https://lnkd.in/ghRUJPcH #expertswithimpact #GeneralCounsel #esg #dataprivacy

Join us on April 10th at 2 pm ET for an insightful discussion diving into the intricacies of the SEC's latest climate disclosure rule from legal, technical, and communication perspectives. Register now to secure your spot: https://lnkd.in/gbHMphkA Our experts from The Uplift Agency and our partner, Crowell & Moring, will guide you through: ✅ Understanding the rule's requirements ✅ Implications for various business functions ✅ Actionable compliance strategies We'll explore the heightened risk of greenwashing accusations and potential litigation against companies in light of the SEC rule and offer effective communication strategies to authentically portray sustainability efforts while mitigating legal and reputational risks. Don't miss out on this opportunity to stay ahead of the curve and ensure your company's compliance and sustainability efforts are robust and effective to comply with the new rule. #SEC #SECClimateDisclosure #SECCompliance #SECWebinar

Join me on April 10th to discuss the recently approved SEC climate-related disclosure rules. Along with The Uplift Agency legal partner Crowell & Moring, we'll be discussing how the rule stacks up against EU CSRD and California SB-261 & SB-253 requirements, how recent legal challenges may impact roll-out, what's in the final rule, and what companies need to do to comply.

In this recent article / blog post by Editor Zachary Barlow in PracticalESG.com, there is skepticism around the SEC Climate Rules – and whether / what will emerge at the end of the litigation process. However, at this point, it is nearly immaterial / irrelevant what the SEC rules might ultimately be. Why do I say that? Due to the EU/UK regs – many US companies already must measure and disclose – either because those laws apply to them directly – OR – because they are suppliers / vendors to the companies for whom the disclosure rules apply. Every company / firm is part of their clients’ / customers’ Scope 3 metrics. THIS INCLUDES LAW FIRMS AND ACCOUNTING FIRMS! “Although the SEC rule is in limbo, it’s important not to take your eye off the ESG ball. Regulatory mandates are emerging from California to the EU and other regulatory schemes will require compliance sooner rather than later.” Start NOW!