CCRcorp Sites  

The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

Our Sites

TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

You have probably seen previous pieces where I borrow from one of our other publications – TheCorporateCounsel.net. I’m doing that again today to make sure you don’t miss a few from recent days I thought were particularly compelling:

  • Materiality graphic from Perkins Coie’s Allison Handy.
  • Boards are making ESG oversight and enhancing racial and ethnic diversity prior their top governance priorities.
  • Observations and trends in SEC comment letters on human capital disclosures, which could inform companies on where SEC may go with certain aspects of “S” in future ESG disclosure rules.

One item that is new news is that today, the US Bureau of Reclamation announced a Level 1 Shortage Condition at Lake Mead and a reduction in downstream releases from Glen Canyon Dam and Hoover Dam in 2022 due to declining reservoir levels. Lake Mead was created by the construction of Hoover Dam in the 1930s and is at its lowest level since the dam was built.

One possible impact of the announcement is increased governmental attention on water use, rights and resources in the near term. Companies that rely on large amounts of water may find themselves unexpectedly fighting for rights, under severe use restrictions that negatively affect business performance – or both.

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The Editor

Lawrence Heim has been practicing in the field of ESG management for almost 40 years. He began his career as a legal assistant in the Environmental Practice of Vinson & Elkins working for a partner who is nationally recognized and an adjunct professor of environmental law at the University of Texas Law School. He moved into technical environmental consulting with ENSR Consulting & Engineering at the height of environmental regulatory development, working across a range of disciplines. He was one… View Profile