SB261

April 9, 2025

Alert for industry to changes in regulations it must comply with.

 

 

Your Roadmap for Mandatory Corporate Climate Reporting – SB 253 and SB 261

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.

 

Corporate Climate Reporting 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. The company’s gross revenue is over $500M annually (SB 261) or over $1B annually (SB 253)
  2. The 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 will highlight these new disclosure requirements for climate disclosures, apply the standards, and provide the related assurance requirements for each. This one-hour webinar is free and relevant to all industries. Meet our panelists.

Our panelists will 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. It’s free with a Q&A forum, it’s non-commercial, and we respect your privacy!

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.

 

Register Now to reserve a seat for Your Roadmap for Mandatory Corporate Climate Reporting, Presented Live on Wednesday, April 16, 2025, at Noon Eastern Time.

 

Free Resources Include:

 

 

 

Posted by Diane Samuels at 6:00 am

April 2, 2025

 

 

Your Roadmap for Mandatory Corporate Climate Reporting – SB 253 and SB 261

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.

 

SB 253 and SB 261 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. The company’s gross revenue is over $500M annually (SB 261) or over $1B annually (SB 253)
  2. The 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 will highlight these new disclosure requirements for climate disclosures, apply the standards, and provide the related assurance requirements for each. This one-hour webinar is free and relevant to all industries. Meet our panelists.

Our panelists will 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. It’s free with a Q&A forum, it’s non-commercial, and we respect your privacy!

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.

 

Register Now to reserve a seat for Your Roadmap for Mandatory Corporate Climate Reporting, Presented Live on Wednesday, April 16, 2025, at Noon Eastern Time.

 

Free Resources Include:

 

 

 

Posted by Diane Samuels at 6:00 am

February 17, 2025

Collecting climate data in 2025 will significantly help meet the 2026 reporting requirements for thousands of companies doing business in California.

 

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.

 

Find out more about SB 253 & 261 during this 90-minute informative discussion.

 

Additional Resources:

 

 

 

 

 

Posted by Diane Samuels at 4:46 pm
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