The chemical industry is subject to complex and ever-evolving laws and regulations. New standards governing the production and use of chemicals are implemented every year worldwide, and existing laws and regulations are constantly changing to keep pace with new information and scientific advancements. Chemical Industry Regulatory Update provides a monthly digest of recent legislative and regulatory developments and related industry news.
Employment Legislative Outlook
With new state employment laws continuously being enacted, it can be challenging to keep up on each change and ensure that your policies and practices are compliant. We have your solution.
This monthly digest is designed to keep you apprised of upcoming major state law changes in areas including paid sick and safe leave laws, family and parental leave, recreational and medicinal marijuana use, workplace gun laws, asking candidates about salary history and unpredictable scheduling. Read more.
Ocean Shipping Reform Act Addresses Supply Chain Challenges and Carrier Shipping Practices
Karyn A. Booth, Jason D. Tutrone, Dan Ujczo, Kerem Bilge
On June 16, President Biden signed into law the Ocean Shipping Reform Act of 2022 (OSRA), a package of U.S. shipping law reforms that address supply chain disruptions, rising ocean shipping costs, and inadequate vessel service. U.S. agricultural exporters and importers of retail goods and raw materials that depend on competitive and efficient international ocean transportation services have faced ongoing challenges in securing timely and adequate vessel space, skyrocketing shipping costs, and inefficiencies in the pickup and delivery of cargo. OSRA increases the Federal Maritime Commission’s (FMC) authority to address the operating practices of the global ocean shipping lines that service our nation’s seaports. Continue reading.
An ESG Collaborative Series: The Shifting Landscape of Modern Business
Please join us as we kick off our new webinar series hosted by the members of our ESG Collaborative team. These webinars will cover a variety of topics with a focus on providing concrete, value-added takeaways in all areas from investing to greenwashing. Each webinar will address how the increasingly important ESG element of modern business can factor into transactions, long-term strategies, business operations and disclosures for all types of companies.
SESSION 1: Navigating the Intersection between ESG and ERISA – Sept. 29, 2022
It is important for employers and retirement plan fiduciaries to understand ERISA’s fiduciary standards and the potential issues that may arise when applying ESG criteria to selecting and managing retirement plan investments, especially when the legal standards keep shifting. In this first session, our presenters will examine trending topics related to ESG and 401(k) plans. Learn more and register here.
SESSION 2: Is This an ESG Fund? SEC Proposes Rule to Help Investors Find Out – Oct. 28, 2022
As interest in ESG investing grows, there is considerable variation in how fund managers define ESG and how funds approach ESG investing. The U.S. Securities and Exchange Commission has proposed disclosure rules designed to create a “consistent, comparable and decision-useful” regulatory framework for ESG funds. The goal is to create consistent standards for ESG disclosures that allow investors to make informed decisions as they compare various ESG investments. The next session in our ESG Collaborative webinar series will examine the proposed disclosure requirements and their impact on registered investment companies. Learn more and register here.
Budgeting the Unpredictable
Thompson Hine partner, Bill Hubbard recently authored the article, “Budgeting the Unpredictable” in Best Lawyers magazine. In this article Bill, describes how careful, comprehensive budgeting, regularly reviewed and adjusted, will enable you to predict the unpredictable, efficiently make the most of your resources and bring mass tort litigation to a successful conclusion. Read full article here.
Chemical Industry Regulatory Update is compiled by Thompson Hine lawyers on behalf of The Adhesive and Sealant Council. It should not be construed as legal advice, and the views and opinions expressed herein are those of the authors and do not necessarily reflect those of the ASC or its members.
Looking for Adhesive & Sealant Training?
ASC’s Training Academy Certificate Program offers a convenient and cost-effective, web-based method of workforce training ideal for new or new to a role staff and professionals. A variety of flexible and affordable subscription options are available.
Sustainability Forum in September
The Adhesive and Sealant Council is hosting a Sustainability Forum September 19-21, 2022 in Pittsburgh. This two-day forum will provide an understanding of sustainability concepts applicable to the adhesive and sealant industry, including case studies, stakeholder partnerships, and existing challenges and opportunities among the covered presentations. Learn more here.
For more information, contact the editor, William J. Hubbard, or any of the authors.
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