Perfect Balance: An Advertising Law Podcast
Episode 26: Climate Regulations: Risks and Opportunities for Companies
Nov 14, 2023
David Smith, Energy and Environment Partner, and Chris Adams, Co-Founder and Chief Creative Officer, discuss climate regulations and the marketing opportunities for companies. They explore disclosures, marketing strategies in the EV industry, risks of climate-related marketing, and provide tips for companies to communicate their climate change efforts effectively.
25:25
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Quick takeaways
- Climate regulations in the US mainly revolve around disclosures, with companies required to publicly report their emissions and assess their vulnerability to climate risks.
- Companies must communicate their climate change initiatives honestly, substantiating their claims to establish trust and credibility with consumers.
Deep dives
Current Landscape of Climate Regulations in the US
Despite political impasses on climate regulations, California has taken a leading role by passing laws that have significant effects on companies, including those not based in California. These laws focus on disclosure mandates regarding greenhouse gas emissions and climate-related risks to business operations. This is just the start, as reduction mandates are expected to follow. While California has taken significant steps, federal regulations from the Securities and Exchange Commission and banking regulators are still awaited. Climate regulations in the US mainly revolve around disclosures, with companies required to publicly report their emissions and assess their vulnerability to climate risks.
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