Photo of Aliza Cinamon

Aliza Cinamon

Aliza R. Cinamon leads Proskauer’s Environmental Group. She advises both U.S. and international clients on a broad spectrum of environmental issues in connection with complex corporate, real estate, financing and bankruptcy transactions. Aliza provides clients with a deep array of capabilities, acting on matters that involve liability and risk allocation issues, remediation, brownfields, ESG, sustainability and climate change, public company disclosures, environmental insurance and technical expert management. Her practice also includes representing clients in superfund litigation matters, environmental compliance and permitting and federal and state environmental enforcement proceedings. She has worked on transactions involving both public and private companies covering a wide variety of industries including pharmaceuticals, chemical manufacturing, life sciences, telecommunications, real estate construction and development, sports and retail.

Aliza is also devoted to pro bono matters, including heading the Firm’s efforts on behalf of Holocaust victims eligible for reparations, obtaining disability benefits for veterans, identifying and assisting potential victims of trafficking, helping persecuted Iraqis seeking refuge in the U.S. and providing corporate counseling for a number of the Firm’s other pro bono clients. Before joining Proskauer, Aliza interned for the U.S. District Court, New York, Southern District with Judge Shira Scheindlin.

Version 2.0 following publication of the U.S. Securities and Exchange Commission (“SEC”) Climate-Related Disclosure Rules

A wave of new legislation and regulation in the U.S. and Europe has the potential to significantly impact the non-financial reporting obligations of U.S. companies.  With the myriad of requirements overlaid with varying timelines, it can be challenging to understand

On October 7, 2023, California Governor Gavin Newsom signed into law two expansive climate disclosure bills (SB 253 and SB 261), making California the first state in the U.S. to impose requirements on greenhouse gas (“GHG”) emissions disclosure and mandate reporting on climate-related financial risks. The SB 253 legislation requires both public — and private — U.S. entities that conduct business in California and have total annual revenue in excess of $1 billion U.S. dollars, to report on their GHG emissions annually and the SB 261 legislation requires entities that conduct business in California and earn at least $500 million U.S. dollars in revenue to report biennially on their climate-related financial risks. The California legislature’s stated purpose in adopting this legislation is to address the impact of climate change on the state’s residents and economy – a state that has already faced devastating wildfires, sea level rise, drought and extreme weather events, to increase corporate transparency and informed decision making, to standardize climate-related disclosure and to increase corporate accountability in the effort to move toward a net-zero carbon economy. If implemented as adopted, these bills are likely to result in significant costs for a broad swath of U.S. companies doing business in California.