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Allen Campbell

Allen Campbell, JD, Columbia Law School; MBA, University of Chicago. Founder and CEO of McAlan LC Leading light in Sustainability. Deep understanding of the theory and practice of ESG. Creator of the R-ESG model, where R stands for “resilience”. Informed by experience as a business lawyer, investment banker and entrepreneur. Authority on Value Chain Sustainability legislation. Adept at helping businesses and stakeholders “do ESG” well.

Age Discrimination in Employment as a Violation of ESG Principles. ESG/Sustainability

Age Discrimination in Employment as a Violation of ESG Principles.

Discrimination against older people in employment is a violation of ESG principles, but it is rarely mentioned in discussions of ESG. It violates the “S” (social) component. It also violates the “G” (governance) component in that companies are expected to comply with laws. It is widely known, however, that employers routinely discriminate against older workers. Even though most large companies…
Allen Campbell
June 26, 2024
Japan Moves Closer to Adopting Reporting Standards Based on ISSB Standards ESG/SustainabilityValue Chain Sustainability Laws

Japan Moves Closer to Adopting Reporting Standards Based on ISSB Standards

Japan is on the path to join the increasing number of countries that are adopting mandatory reporting standards based on those of the IFRS’ International Sustainability Standards Board (ISSB). The Sustainability Standards Board of Japan (“SSBJ”) approved three exposure drafts of reporting standards on March 21, 2024.
Allen Campbell
June 20, 2024
The Dawning of a New Era: the European Union Corporate Sustainability Due Diligence Directive (CSDDD) Is About to Enter into Force Value Chain Sustainability Laws

The Dawning of a New Era: the European Union Corporate Sustainability Due Diligence Directive (CSDDD) Is About to Enter into Force

We‘ve always known this would be The Big One, and now it’s becoming reality. The CSDDD has passed the legislative hurdles. It now awaits only publication in the Official Journal of the European Union, 20 days after which it will enter into force. Member States will then have two years to transpose the Directive into national law and communicate the…
Allen Campbell
June 13, 2024
Republican States Ask U.S. Supreme Court to Enjoin Climate Lawsuits against Oil Companies ESG/Sustainability

Republican States Ask U.S. Supreme Court to Enjoin Climate Lawsuits against Oil Companies

On May 23rd, Republican attorneys general of 19 states petitioned the U.S. Supreme Court to block five Democratic-led states from pursuing climate change lawsuits against the oil and gas industry in their own state courts. (State of Alabama et al. v. State of California et al.)
Allen Campbell
June 4, 2024
California Headed toward Implementaton of Its Climate Laws ESG/SustainabilityValue Chain Sustainability Laws

California Headed toward Implementaton of Its Climate Laws

Last year, California enacted two major pieces of climate legisation, SB 253 and SB 261 (See https://mcalan.com/momentous-california-climate-accountability-laws-await-governors-signature.)  However, in January Governor Newsome’s proposed 2024-2025 budget did not include funding for their enforcement. That led to consternation and questioning by many environmentalists of the Governor’s commitment to those laws and indeed to the cause of halting climate change.
Allen Campbell
May 16, 2024
EarthX 2024 Congress of Conferences, a Noteworthy Event ESG/Sustainability

EarthX 2024 Congress of Conferences, a Noteworthy Event

This week I attended the EarthX Congress of Conferences here in Dallas. It was well-organized, interesting and factual. I’m sure everyone appreciated the healthy blend of urgency and optimism. Topics included Clean Energy Choices, the Circular Economy, Partnerships for the United Nations Sustainable Development Goals (SDGs), Rotary Club initiatives, How Public and Private Partnerships Can Solve the Climate Crisis, Towards…
Allen Campbell
May 1, 2024
SEC Puts Its Own Climate-Related Disclosure Rules on Hold ESG/SustainabilityValue Chain Sustainability Laws

SEC Puts Its Own Climate-Related Disclosure Rules on Hold

SEC Puts Its Own Climate-Related Disclosure Rules on Hold By Allen Campbell, JD, MBA On March 6, 2024, the US Securities and Exchange Commission amended its controversial rules that will require registrants to provide climate-related information in their registration statements and annual reports (the “Final Rules”). But less than a month later, on Thursday, April 4, 2024, the SEC said…
Allen Campbell
April 10, 2024
The European Union Corporate Sustainability Due Diligence Directive (CSDDD) Approaches the Legislative Goal Line – or Does It? ESG/SustainabilityValue Chain Sustainability Laws

The European Union Corporate Sustainability Due Diligence Directive (CSDDD) Approaches the Legislative Goal Line – or Does It?

CSDDD, the world’s most consequential piece of sustainability legislation, appears to be proceeding to enactment. This is happening even though the legislative process seemed to have stalled out in February, after being subjected to contentious lobbying. If enacted, it will be the pre-eminent example what I call Value Chain Sustainability, in that it will impose several ESG obligations, notably (i)…
Allen Campbell
March 28, 2024
SEC Adopts Final Climate Disclosure Rules ESG/Sustainability

SEC Adopts Final Climate Disclosure Rules

Last Wednesday, March 6th, the US Securities & Exchange Commission (SEC) released its final climate disclosure rules, formally known as The Enhancement and Standardization of Climate-Related Disclosures for Investors (the Final Rules). 886 pages long (!), they require publicly listed U.S. companies and certain foreign companies to disclose climate-related information in their registration statements and annual reports.
Allen Campbell
March 13, 2024
European Union Lawmakers Approve Nature Restoration Law ESG/Sustainability

European Union Lawmakers Approve Nature Restoration Law

On Tuesday, February 28th, the European Parliament voted, by a narrow margin, to adopt the Nature Restoration Law. Enacted against a backdrop of concern that natural places have been degraded, the core concept of the law is that protecting remaining natural places will not be sufficient; also needed is large-scale restoration. The goal of the law is to rehabilitate at…
Allen Campbell
February 28, 2024