Workshop A — A Complete Primer on EU, U.S., and State-Level Climate Disclosure Rules: Navigating the Nuances, Including The CSRD, SEC Climate Disclosure Rules, and TCFD Recommendations

Oct 15, 2024 9:00 am – 12:30 PM

Emma Bichet
Special Counsel
Cooley LLP (Brussels)

Rachel Lowe
Special Regulatory Counsel
Proskauer Rose LLP (London)

Frank Zarb
Partner
Proskauer & Rose LLP

During this deep-dive workshop, ESG professionals and legal practitioners will explore the evolving landscape of climate disclosure rules and risks across multiple jurisdictions. We will dive into the nuances and challenges of the diverse regulatory landscapes that multinational companies must navigate globally, including best practices for integrating varying climate-related frameworks and considerations into corporate strategies. Join us for an in-depth review of the requirements as we explore the grey areas of multijurisdictional rules. Key discussion points include:

  • Comparing and contrasting the climate disclosure rules between the EU and the U.S., highlighting specific mandates, reporting frameworks, and key differences Corporate Sustainability Reporting Directive (CSRD) applicability, requirements, and standards
    • SEC’s Climate Disclosure Rules
    • Task Force on Climate-Related Financial Disclosures (TCFD) recommendations
  • Developing a comprehensive approach to climate-related reporting
  • Exploring “double materiality” as required by the EU under the Corporate Sustainability Reporting Directive (CSRD) – benefits, enhanced transparency, and risk management
    • Navigating the intricacies and challenges of Scope 3 Emissions reporting across different jurisdictions
  • Developing consistent and transparent reporting mechanisms that align with the comprehensive, varying regulatory regimes and requirements
  • Best practices for enhancing climate-related reporting, ensuring compliance and building trust with stakeholders