California is one of the world’s largest economies and drives national and global change. Two new state climate laws have been passed that address climate change’s physical, human, and financial risks. The Climate Corporate Data Accountability Act (SB 253) and The Climate-Related Financial Risk Act (SB 261) impact thousands of organizations that do business in California and must provide assurance-ready carbon emissions data — including reporting on scope 3 emissions from up and down their value chains.
Businesses are already implementing changes to meet the demands of these emerging regulations that cement the shift from voluntary climate reporting to mandatory reporting. Corporate leaders continue to develop strong climate reporting capabilities with audit-ready carbon accounting. They will be well-positioned to meet these California requirements and similar regulations emerging around the globe.
If you’re a large company doing business in California, you must begin gathering emissions data now to meet reporting requirements. Please join SCS Engineers for an A&WMA webinar that will help your company prepare your climate data and the internal processes and controls to manage it for these new regulations.
SB 253 affects public and private businesses with more than $1B in total revenue and doing business in California. SB 261 affects public and private businesses with more than $500M in total revenue and doing business in California.
Additional Resources:
Corporate Headquarters
3900 Kilroy Airport Way Suite 300
Long Beach, CA 90806
Telephone
1 (800) 767-4727
1 (562) 427-0805 | FAX
Contact Us
