Delaware – Legislation Adopts Sustainability and Transparency Standards Act

House Bill 310 (Chapter 279) signed by the governor and effective October 1 supports Delaware business entities to signal their commitment to global sustainability. The bill provides for the Secretary of State to issue and collect fees for a Certificate of Adoption of Transparency and Sustainability Standards and to file a Renewal Statement between October 1 and December 31 each year and a Restoration Statement by a non-reporting entity which failed to submit a Renewal Statement.