News & Analysis as of

Task Force on Climate-related Financial Disclosures (TCFD) California CARB

Cooley LLP

Is a delay in the cards for California’s climate accountability laws?

Cooley LLP on

You might recall that, in 2023, California Governor Gavin Newsom signed into law two bills related to climate disclosure: Senate Bill 253, the Climate Corporate Data Accountability Act, and SB261, Greenhouse gases:...more

Quarles & Brady LLP

California’s New Climate Disclosure and GHG-Related Claims Laws

Quarles & Brady LLP on

On October 7, 2023, Governor Gavin Newsom signed into law a trio of climate-related bills that will impact what companies doing business in California must (or can) say about their greenhouse gas (GHG) emissions and the...more

Fox Rothschild LLP

California’s Climate Accountability Package: What You Need To Know

Fox Rothschild LLP on

California Governor Gavin Newsom recently signed into law two core bills of the state's “Climate Accountability Package, Senate Bill 253 (SB 253) and Senate Bill 261 (SB 261). As they currently stand, these laws impose...more

Wiley Rein LLP

California Moves Ahead on ESG Reporting

Wiley Rein LLP on

On October 7, 2023, California Governor Gavin Newsom signed two new climate reporting bills into law: Senate Bill (SB) 261, Greenhouse gases: climate-related financial risk and SB 253, the Climate Corporate Data...more

Faegre Drinker Biddle & Reath LLP

Five Things to Know About California’s New Climate Disclosure Bills

Governor Gavin Newsom has signed the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261) into law, which means the California Air Resources Board (CARB) is now tasked with...more

Morgan Lewis

California Requires Companies to Disclose Climate Change Risks, GHG Emissions

Morgan Lewis on

California Governor Gavin Newsom signed into law two watershed climate bills on October 7, 2023 that will require companies with significant revenue to make climate-related disclosures starting in 2026. The stated purpose of...more

Akin Gump Strauss Hauer & Feld LLP

California Corporate Data Accountability and Climate-Related Financial Risk Act

California is poised to become the first state to require large companies to disclose greenhouse gas (GHG) emissions from direct operations, supply chains and employees and report on climate-related financial risk and any...more

Vinson & Elkins LLP

California’s Bold Move on Climate Disclosures

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

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