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9 lis 2023 · California is primed to lead the way in requiring companies to disclose their climate risk by setting the bar on TCFD-aligned disclosure, filling in the gaps from proposed SEC rules, and providing a blueprint for other US states to drive disclosure from non-SEC regulated entities.
15 kwi 2024 · California is now the first US state with ESG disclosure requirements. Here are some major takeaways about California's ESG disclosure rules.
15 maj 2024 · In October 2023, the California governor signed Assembly Bill 1305 and Senate Bills 253 and 261 into state law requiring climate-related disclosures from public and private US companies with operations in California. Let’s go over the summary of these regulations.
16 wrz 2024 · The new rule compels US companies doing business in California to disclose their scope 1, 2, and 3 greenhouse gas emissions and/or climate-related financial risk information. The goal—improving corporate transparency and standardizing corporate disclosures regarding carbon emissions; aligning public investments with climate goals; and raising ...
The CA laws include: Climate Corporate Data Accountability Act (SB-253) Greenhouse Gasses: Climate-Related Financial Risk (SB-261) SB-253 requires “reporting entities” to publicly disclose their GHG emissions on an annual basis.
The three new laws—Senate Bill 253 (SB 253), Senate Bill 261 (SB 261), and Assembly Bill 1305 (AB 1305)—have broad application and are relevant to any large private or public company doing business in California, as well as any company that is pursuing net zero or carbon neutral goals, including buying or selling voluntary carbon offset credits.
18 kwi 2024 · This tool is intended to assist companies in determining whether they fall within the scope of SEC, California, and CSRD climate disclosure rules and identifying the types of disclosure applicable to them under each set of rules. Click here to read the advisory.
