California Judge Narrows Chamber of Commerce Lawsuit Over State Corporate Climate Rules
San Francisco, CA — In a recent significant ruling, a federal judge in California decided to pare down a lawsuit initiated by the U.S. Chamber of Commerce along with various business organizations challenging the state’s new corporate climate disclosure mandates. The judge dismissed two of the lawsuit’s complaints due to lack of substantiated claims. The regulations, which were introduced to enhance transparency concerning the environmental impact of corporate activities, have sparked a broad debate about the balance between business operations and environmental accountability. The mandates require companies to disclose detailed information regarding their carbon footprint … Read more