Reports & Analysis

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When the Umpire Leaves the Field

When the Umpire Leaves the Field

The 2025–2026 proxy season has introduced a significant shift in the governance landscape for U.S. public companies. In November 2025, the U.S. Securities and Exchange Commission (SEC) announced that it would no longer issue no-action letters related to most shareholder proposal exclusions under Exchange Act Rule 14a-8 for the current proxy season. This thought piece examines the evolving landscape following the SEC’s announcement, highlights early litigations, and provides recommendations to mitigate risks.
img sidebar Communicating Changes in Sustainability Goals n Targets Trends n Recommendations

Communicating Changes in Sustainability Goals and Targets: Trends and Recommendations

U.S. companies have set sustainability-related goals and targets with frequency since the 1980s. Sometimes company-driven, sometimes stakeholder-driven, they have primarily shared them, along with progress toward achievement, in voluntary reports. Today, many U.S. companies are reevaluating their sustainability goals and targets. This piece explores evolving trends in communicating changes to sustainability goals and targets, especially those related to climate.

Are you ready to transition from TCFD to IFRS S2?

Companies adopting the IFRS Sustainability Disclosure Standards may start with climate-only disclosures in year one before moving to full adoption. But how different is IFRS S2 from TCFD? In this thought piece, we’ve outlined the key differences, new disclosure requirements, and important considerations for companies deciding when to transition. 
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The Future of Sustainability Reporting under the New Administration

In our recent Labrador Sustainability Client Forum, we welcomed Rob Main (Jasper Street Partners) to explore The Future of Sustainability Reporting under the New Administration. With his extensive background in investment stewardship, ESG strategy, and regulatory policy, Rob provided valuable insights into how evolving federal priorities, regulations and investor priorities could shape sustainability reporting.

The Case for Digital ESG Reporting

In partnership with nexxar, our latest thought piece highlights how transitioning sustainability information from static PDFs to designed, interactive websites can improve stakeholder engagement and understanding of your ESG story.

Unified Disclosure Strategy

In our latest thought piece, we discuss the need for a Unified Disclosure Strategy in response to growing scrutiny from investors and regulators for consistency and comparability across disclosure channels.

Artificial Intelligence Disclosure

As businesses explore integrating AI into their operations, our thought piece reflects on the intersection of AI and ESG, emphasizing key issues and topics for developing their next sustainability report.
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The Case for a Unified Disclosure Strategy

In our latest thought piece, our team shares some preliminary thoughts for companies to consider as they look to adopt a unified strategy for their corporate disclosures.
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