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Commercial Leasing Law & Strategy
Climate Issues Becoming More Critical for Commercial Real Estate Development
Richard Berger
Considerations for severe weather and climate, in general, have real estate developers putting more focus on how they build and operate. But add to that rising insurance rates, which have dealt a big blow to budgets as premiums continue to climb.
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Cool Your (Data) Jets! Reducing Your Organization’s Carbon Footprint with a Data Retention Policy
Greg Moreman
Despite great strides toward better-for-the-world operating procedures, companies might be surprised to learn that they’re likely overlooking one area of their business that heavily contributes to its overall carbon footprint — data storage. That’s right: storing your company’s data generates emissions. And with the continuous increase in data volumes, the impact will likely only grow.
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Biden Administration ESG Initiative Draws Scorn from Republican Lawmakers
Maydeen Merino
The Biden administration’s efforts to establish environmental, social, and corporate governance requirements on corporations has drawn scorn from Republican lawmakers even as companies learn to navigate the ESG initiative with an unclear regulatory framework.
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New York Real Estate Law Reporter
Revision to the Definition of ‘Waters of the United States’
Steven M. Silverberg
In April of 2020, the EPA and the Department of the Army began the process of revising the definition of the term Waters of the United States (WOTUS). After the new administration took office in 2021, a new final rule was recently published. The changes are scheduled to take effect this year. The definition is significant for a multitude of land uses, as it places limitations on activities that may be conducted within and adjacent to such waters or, in some instances, requires the issuance of permits before certain activities may be conducted.
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Commercial Leasing Law & Strategy
New Definition of ‘Waters of the United States’
Steven M. Silverberg
In April of 2020 the EPA and the Department of the Army began the process of revising the definition of the term Waters of the United States (WOTUS). After the new administration took office in 2021, further study was conducted and a new final rule was recently published. The changes are scheduled to take effect this year, if currently pending challenges are unsuccessful.
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New York Real Estate Law Reporter
Matthew Schneid
Local Law Number 97 was enacted by the City of New York to achieve reductions in greenhouse gas emissions by 2050. This is accomplished by requiring buildings to retrofit their systems with more energy efficient systems or purchase certain permitted carbon offsets.
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Commercial Leasing Law & Strategy
The Impact of New York’s Greenhouse Gas Law
Matthew Schneid
New York City's Local Law Number 97 was enacted to amend the New York City Charter and Administrative Code to achieve reductions in greenhouse gas emissions by 2050. This is accomplished by requiring buildings to retrofit their systems with more energy efficient systems or purchase certain permitted carbon offsets.
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ESG ‘Greenwashing’ Litigation On the Rise
Shoshana Schiller, Alice Douglas and Brenda Gotanda
Increased attention paid to companies’ public promotion of their environmental and sustainability programs is likely to continue in 2023, with further developments in regulation and litigation pertaining to “greenwashing” — a marketing practice which involves unsubstantiated or exaggerated claims about the environmentally friendly or socially-responsible attributes of an organization’s products or services.
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Using Anti-Bribery and Corruption Regimes for ESG Concerns
Stephanie Yonekura, Ann Kim and Derek Centola
Compliance leaders recognize that Environmental, Social and Governance (ESG) is a growing concern for U.S. companies, but face challenges in determining how to embed compliance structures into their programs. One solution is to look to already existing anti-bribery and corruption (AB&C) compliance measures.
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Join Board of Editors member Jacqueline Wolff and David Smith of Manatt, Phelps & Phillips on Oct. 13 as they delve into the new SEC disclosure rules on climate change risks.
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