Executive Summary: California Climate Laws
Oct 17, 2023 9:00 AM ET
On October 7th, California Governor Gavin Newsom signed SB-253 and SB-261, two bills that would require large corporations operating in the state to disclose their carbon footprints and climate-related financial risks starting in 2026.
A new executive summary from Workiva summarizes key details in California's climate disclosure regulations, including:
- Who's impacted and what's in scope for GHG emissions
- A timeline for assurance required by SB-253
- How climate-related financial risks are defined by SB-261
- Five steps organizations can take now to prepare