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Climate Change Governor Newsom California

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

Hogan Lovells

California amends climate disclosure reporting laws

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On September 27, 2024, California’s Governor Gavin Newsom signed into law Senate Bill 219, thereby amending SB 253 (Climate Corporate Data Accountability Act) and SB 261 (Climate-Related Financial Risk Act). The key...more

Clark Hill PLC

California’s Landmark Climate Disclosure Laws: State Affirms Disclosure Deadlines

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On Sept. 27, California Governor Gavin Newsom signed into law Senate Bill (SB) 219, a bill that, among other things, affirms the mandatory disclosure deadlines for California’s landmark carbon accounting laws. In addition to...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

Perkins Coie

California Makes Minor Changes to Climate Disclosure Statutes

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Almost a year ago, California enacted three statutes requiring climate-related disclosures: the Climate Corporate Data Accountability Act (SB 253), the Climate-Related Financial Risk Act (SB 261), and the Voluntary Carbon...more

Bass, Berry & Sims PLC

Update (and Refocus) on California Climate Disclosures

Bass, Berry & Sims PLC on

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

Mintz

California Governor Newsom Signs Bill Re-Affirming 2026 Start Date for Climate Disclosures

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This summer, California Governor Newsom had proposed that California delay the implementation date of its climate disclosure law for two years. The California legislature rejected this proposal, instead passing S.B. 219,...more

Allen Matkins

California Environmental Law & Policy Update 8.02.24

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Climate change threatens to dramatically shrink the amount of water California can deliver over the next 20 years and could significantly reduce supplies available from the State Water Project according to new projections...more

Mintz

Governor Newsom Proposes 2-Year Delay to California Climate Disclosure Law

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Governor Newsom has proposed that the implementation of California's mandatory climate disclosure laws--which apply to all companies doing business in California and earning more than $500 million in revenue--be delayed for...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

Vinson & Elkins LLP

Business Groups Sue California to Block Climate Disclosure Laws

Vinson & Elkins LLP on

On January 30, 2024, the U.S. Chamber of Commerce and five co-plaintiffs representing a coalition of business groups filed a lawsuit against the state of California seeking to block the state’s new landmark climate disclosure...more

Allen Matkins

The State Of California Is Too Broke To Implement Costly Climate Legislation

Allen Matkins on

In previous posts, I have written about SB 253 and SB 261.   The former requires "reporting entities" (as defined) to disclose Scope 1, 2 & 3 greenhouse gas emissions.  The latter imposes climate-related financial risk...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

Goldberg Segalla

California Enacts First of Its Kind Legislation Requiring Climate Emissions Information

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Earlier this month, California Gov. Gavin Newsom enacted into law two bills, both of which will — for the first time in any U.S. state — require large companies doing business within the state to release a wide array of...more

Farella Braun + Martel LLP

Regulatory Changes Underway To Address Dwindling California Property Insurance Market

We keep hearing about how difficult it is for our clients to get property insurance these days, both for homes and businesses in Northern California’s wildfire-prone areas. Which, of course, is most of Northern California. ...more

Blank Rome LLP

Two New Calif. Laws Require Increased Environmental Disclosures for Companies

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California Gov. Newsom recently signed two bills into law that require larger companies doing business in the State to publicly disclose their greenhouse gas emissions and climate-related financial risks and risk mitigation...more

Perkins Coie

California Enacts Broad Climate Disclosure Laws

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California Governor Gavin Newsom signed two climate disclosure bills into law on October 7, 2023. They will impose significant reporting obligations on thousands of companies doing business in California. SB 253, the Climate...more

Alston & Bird

California’s Climate Disclosure Requirements and Their Far-Reaching Effects

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Our Environment, Land Use & Natural Resources and Securities Groups dig into a trio of new climate-related disclosure laws in California that go into effect beginning January 1....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

Bond Schoeneck & King PLLC

California Adopts Climate Disclosure Laws that Could Affect Businesses Nationwide

In early September 2023, the California Legislature passed two climate disclosure bills as part of the California Climate Accountability Package: S.B. 253 The Climate Corporate Data Accountability Act (CCDAA) and S.B. 261...more

Vinson & Elkins LLP

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

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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

Bass, Berry & Sims PLC

California Legislature Passes Significant Climate Disclosure Bills With Potential Broad Scope

Bass, Berry & Sims PLC on

Over the weekend, California Governor Gavin Newsom signed into law two major climate-related disclosure bills, Senate Bill 253: Climate Corporate Data Accountability Act (SB 253) and Senate Bill 261: Greenhouse Gases:...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

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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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