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ArticleBusiness & sustainability

Disclosure Standards Don’t Bend to Corporate Preferences

When Exxon filed its lawsuit challenging California’s new climate disclosure laws, it framed the issue as a constitutional one: the state is compelling the company to “tell a story” it disagrees with. According to Exxon, requirements to…

Harvard Law School ForumRead the Piece

PDFClimate & sustainability

Resolving the Carbon Pricing Trilemma

…tension between achieving Climate Effectiveness, ensuring Fiscal Sustainability, and maintaining previous Political Viability. The success of this framework is predicated on the passage of new, comprehensive legislation, as its…

Robert G. Eccles archiveRead the Piece

ArticleBusiness & sustainability

Here We Go Again: Red States Continue to Focus on ESG

On July 29, 2025, 26 members (from 20 red states and the purple state of Pennsylvania) of the State Financial Officers Foundation (SFOF) sent letters to the leaders of 25 large asset managers. The mission of SFOF is, “to drive fiscally…

Harvard Law School ForumRead the Piece

ArticleBusiness & sustainability

Preliminary Thoughts on Taking Anglo American Private

Investment Thesis Demand for copper is going to increase dramatically between now and 2050 in order to achieve the needed energy transition. There is more than enough copper in the ground to meet this demand. However, getting it out of the…

RealClearEnergyRead the Piece

ArticleBusiness & sustainability

Moving Beyond ESG

…time to take stock of ESG and chart a path forward for the corporate sustainability movement. To that end I’ve spent the past two years shuttling between the warring factions in the debate, meeting with liberals and conservatives, critics…

Harvard Business ReviewRead the Piece

ArticleBusiness & sustainability

The Evolution Of Sustainable Investing At CalPERS

The California Public Employees’ Retirement System (CalPERS) has 2.2 million members and assets of around $510 billion. It is the largest state pension fund in the U.S. On its website it notes that “Under the California Constitution, the…

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