Our recent Client Alert provides an important update on SB 261, California’s Climate-Related Financial Risk Act. The California Air Resources Board (CARB), the regulatory entity empowered to implement SB 261, held a virtual public workshop in May 2025 and released FAQs in July 2025, to help companies prepare for compliance.
Continue Reading Preparing for SB 261: Climate-Related Financial Risk Disclosure Reports Due by January 1, 2026, for Covered Companiescalifornia
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 approved SB 219. SB 219 amends Senate Bill 253: the Climate Corporate Data Accountability Act (SB 253) and Senate Bill…
Continue Reading California Governor Gavin Newsom Signs Bill Enacting Changes to California Climate-Related Disclosure LawsCalifornia Governor Gavin Newsom Signs ESG Disclosure Bills
Our recent Client Alert discusses three bills, which California Governor Gavin Newsom recently signed, that will require companies and investors to provide new disclosure. The first bill, entitled the Climate Corporate Data Accountability Act, will require companies that do business in California with revenue over $1 billion to annually…
Continue Reading California Governor Gavin Newsom Signs ESG Disclosure BillsCalifornia Legislature Passes Climate Bills
Our recent Client Alert discusses two climate bills approved this week by the California legislature, 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 Governor Gavin Newsom to sign or veto by October…
Continue Reading California Legislature Passes Climate Bills