mandatory climate reporting

March 5, 2025

Do you represent one of the 10,000 companies in the U.S. doing business in California that will be affected by sweeping new climate-related disclosure requirements recently signed into law?

California requirements for public disclosures cover corporate climate-related financial risk (SB 261) and corporate GHG emissions/targets (SB 253). While these state climate disclosure laws are subject to court challenges, they are still in effect, so companies are collecting data now.

The requirements will impact public and private companies in the U.S. doing business in California, including companies headquartered outside of the state.

If you reply yes to the questions below, you must report your company’s Climate Disclosure starting in 2026.

  1. My company’s gross revenue is over $500M annually (SB 261) or over $1B annually (SB 253)
  2. My company’s doing business in California under state tax law, for example, meeting the threshold for payroll compensation in California of over $73.5K annually.

This live educational webinar, now recorded for your convenience, highlights these new disclosure requirements for climate disclosures, applies the standards, and provides the related assurance requirements for each. This one-hour webinar is free, non-commercial, and relevant to all industries. Watch now!

Meet our panelists.

How will SB 253 and SB 261 impact my business?

Our panelists explain the carbon accounting expectations, materiality considerations, and what to do now to prepare. We’ll provide an update on the net impact of timely court decisions affecting California requirements, as well as the impact of similar disclosure requirements under the CSRD rules of the European Union.

You can start or refine your roadmap for the journey to mandatory reporting and reflect upon the relationship of these disclosures to U.S. firms remaining globally competitive.

 

 

Posted by Diane Samuels at 2:02 pm
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