News & Analysis as of

Environmental Social & Governance (ESG) Climate Change Governor Newsom

Skadden, Arps, Slate, Meagher & Flom LLP

State of Play: California Amends Climate Disclosure Rules

California continues to be at the forefront of climate-related disclosure regulations. On September 27, 2024, California Gov. Gavin Newsom signed into law Senate Bill 219, Greenhouse Gases: Climate Corporate Accountability:...more

Wilson Sonsini Goodrich & Rosati

California Governor Gavin Newsom Signs Bill Enacting Changes to California Climate-Related Disclosure Laws

On September 27, 2024, California Governor Gavin Newsom signed Senate Bill 219, the Greenhouse gases: climate corporate accountability: climate-related financial risk (SB 219) after the California Assembly and Senate each...more

Bass, Berry & Sims PLC

Update (and Refocus) on California Climate Disclosures

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As anticipated, on September 27, California Governor Gavin Newsom signed into law Senate Bill 219 (SB 219), after the California legislature passed it on August 31, 2024. SB 219 amends the Climate Corporate Data...more

Procopio, Cory, Hargreaves & Savitch LLP

Climate Disclosure Obligations for U.S. Companies: A Work in Progress

What obligations might publicly traded companies face in providing the U.S. Securities and Exchange Commission disclosures about climate-related risks? Some clarity emerged on March 6, 2024, when the SEC released its...more

McDermott Will & Emery

California’s New Climate Disclosure Laws: What You Need to Know

McDermott Will & Emery on

While the highly anticipated adoption of proposed rules on climate risk disclosure by the US Securities and Exchange Commission (SEC) appears to be on hold (the SEC’s recently revised regulatory agenda indicates possible...more

Eversheds Sutherland (US) LLP

Nurturing growth: New California laws mandate climate-related disclosures

Expansive requirements will apply to large public and private companies doing business in California and indirectly impact businesses in their value chain - On October 7, 2023, California Governor Gavin Newsom signed two...more

Cooley LLP

New California Law Establishes Significant Disclosure Requirements Related to Climate Goals, Claims and Offsets Beginning January...

Cooley LLP on

On October 7, 2023, California Gov. Gavin Newsom signed the Voluntary Carbon Market Disclosures Act (VCMDA) – AB 1305 – which will impose new requirements applicable to companies making climate-related claims, as well as...more

Orrick, Herrington & Sutcliffe LLP

New California Climate Disclosure Rules: Practical Takeaways and Next Steps

On October 7, 2023, California Governor Gavin Newsom signed the most comprehensive corporate climate disclosure laws in the United States to date. The three new laws—Senate Bill 253 (SB 253), Senate Bill 261 (SB 261), and...more

Vinson & Elkins LLP

California’s Bold Move on Climate Disclosures - (UPDATED October 2023)

Vinson & Elkins LLP on

As public companies anticipate the Securities and Exchange Commission’s (“SEC”) final climate disclosure rules, which are expected to be released sometime fourth quarter of 2023, California has beaten the federal government...more

Dechert LLP

California Governor Signs Climate Disclosure Bills with Significant Impact for Entities of All Forms Doing Business in the State

Dechert LLP on

The two new California laws apply to both public and private corporations, partnerships, limited liability companies, or other business entities meeting applicable revenue thresholds and doing business in California, without...more

Brownstein Hyatt Farber Schreck

California Throws Its Weight Behind Climate Accountability

California’s latest move on climate change is expected to bring “national and global repercussions.” Once signed (Gov. Gavin Newsom announced his intention to do so), Senate Bill 253, the Climate Corporate Data Accountability...more

Fenwick & West LLP

California’s Proposed Bills Require Companies to Report on Climate Emissions and Risks

Fenwick & West LLP on

While all eyes are on proposed federal and European climate disclosure rules, the California legislature passed two climate-related bills that overlap somewhat with the Securities and Exchange Commission (SEC)’s proposed...more

Wilson Sonsini Goodrich & Rosati

California Legislature Passes Climate Bills

This week, the California legislature approved Senate Bill 253, the Climate Corporate Data Accountability Act (SB 253), and Senate Bill 261, Greenhouse gases: climate-related financial risk (SB 261), which are headed to...more

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