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Reporting Requirements California Governor Newsom

Hogan Lovells

California amends climate disclosure reporting laws

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On September 27, 2024, California’s Governor Gavin Newsom signed into law Senate Bill 219, thereby amending SB 253 (Climate Corporate Data Accountability Act) and SB 261 (Climate-Related Financial Risk Act). The key...more

Perkins Coie

California Makes Minor Changes to Climate Disclosure Statutes

Perkins Coie on

Almost a year ago, California enacted three statutes requiring climate-related disclosures: the Climate Corporate Data Accountability Act (SB 253), the Climate-Related Financial Risk Act (SB 261), and the Voluntary Carbon...more

Bass, Berry & Sims PLC

Update (and Refocus) on California Climate Disclosures

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As anticipated, on September 27, California Governor Gavin Newsom signed into law Senate Bill 219 (SB 219), after the California legislature passed it on August 31, 2024. SB 219 amends the Climate Corporate Data...more

Allen Matkins

Governor Signs Bill Mandating Pro Bono Disclosures By Lawyers

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California Governor Gavin Newsom recently signed AB 2505 (Gabriel).  Consequently active members of the California Bar will be required, with certain exceptions,  to report annually whether they have provided pro bono legal...more

Fisher Phillips

New California Law Enacts Requirements for Voluntary Social Compliance Audits: 5 Things Employers Must Report

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California will soon require businesses to publicly share results of voluntary, non-governmental social compliance audits. Governor Newsom just signed Assembly Bill 3234 into effect on September 22, which outlines reporting...more

Keating Muething & Klekamp PLL

New Diversity Reporting Law for Venture Capital Companies with a Nexus to California

On October 8, 2023, California Governor Gavin Newsom signed Senate Bill 54 (“SB 54”) into law, which attempts to increase diversity, equity, and inclusion amongst venture capital (“VC”) investments. The law is the first...more

Allen Matkins

The State Of California Is Too Broke To Implement Costly Climate Legislation

Allen Matkins on

In previous posts, I have written about SB 253 and SB 261.   The former requires "reporting entities" (as defined) to disclose Scope 1, 2 & 3 greenhouse gas emissions.  The latter imposes climate-related financial risk...more

DarrowEverett LLP

Venture Capital Firms Face New Reporting Requirement With California Law

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Over three and a half years since the death of George Floyd spurred some members of the venture capital community to enact promises to increase their investments in diverse entrepreneurs, California has enacted legislation in...more

McDermott Will & Emery

California’s New Climate Disclosure Laws: What You Need to Know

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While the highly anticipated adoption of proposed rules on climate risk disclosure by the US Securities and Exchange Commission (SEC) appears to be on hold (the SEC’s recently revised regulatory agenda indicates possible...more

Paul Hastings LLP

California Passes New ESG Disclosure Laws Ahead of SEC, Triggering Increased Regulatory and Litigation Risk for Companies Doing...

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On October 7, 2023, Governor Gavin Newsom signed Senate Bill 253 into law, which imposes climate-related disclosure requirements for companies with revenues over $1 billion annually that do business in California. On the same...more

Goldberg Segalla

California Enacts First of Its Kind Legislation Requiring Climate Emissions Information

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Earlier this month, California Gov. Gavin Newsom enacted into law two bills, both of which will — for the first time in any U.S. state — require large companies doing business within the state to release a wide array of...more

Fox Rothschild LLP

California’s Climate Accountability Package: What You Need To Know

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California Governor Gavin Newsom recently signed into law two core bills of the state's “Climate Accountability Package, Senate Bill 253 (SB 253) and Senate Bill 261 (SB 261). As they currently stand, these laws impose...more

Allen Matkins

California Environmental Law & Policy Update 10.20.23

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The California 2023 Legislative Session ended on September 14, 2023 and presented Governor Gavin Newsom with several important changes to California’s water-related statutes. Newsom had until October 14, 2023 to sign all...more

Bracewell LLP

New California Offshore Wind Legislation Addresses Procurement and Permitting

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The offshore wind industry now has California’s answer to a pressing concern—how might the state procure this generation resource? California Governor Gavin Newsom recently signed a suite of bills that create a mechanism for...more

Vinson & Elkins LLP

California’s Bold Move on Climate Disclosures - (UPDATED October 2023)

Vinson & Elkins LLP on

As public companies anticipate the Securities and Exchange Commission’s (“SEC”) final climate disclosure rules, which are expected to be released sometime fourth quarter of 2023, California has beaten the federal government...more

Wilson Sonsini Goodrich & Rosati

California Governor Gavin Newsom Signs ESG Disclosure Bills

In the past few days, California Governor Gavin Newsom signed three bills that will require companies and investors to provide new disclosure. Climate Disclosure - On October 7, 2023, Governor Newsom signed Senate Bill...more

White & Case LLP

California Bills to Require Greenhouse Gas Emissions Reporting From Companies Doing Business in the State

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The California State Senate and State Assembly recently approved two bills, Senate Bill 253 and Senate Bill 261, that could require thousands of companies doing business in California to disclose greenhouse gas ("GHG")...more

Skadden, Arps, Slate, Meagher & Flom LLP

California Poised To Adopt Sweeping Climate Disclosure Rules

In September 2023, the California Legislature passed Senate Bill 253, Climate Corporate Data Accountability Act (SB 253) and Senate Bill 261, Greenhouse Gases: Climate-Related Financial Risk (SB 261). California Gov. Gavin...more

Perkins Coie

2022 California Labor, Employment, and Independent Contractor Legislative Update

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With the 2022 California legislative year closed, it is once again time to examine the new legislation that will affect entities operating within the state. Summaries of key legislation are below, with relevant action items...more

ArentFox Schiff

California Requires Stronger Pay Transparency for Employers in California

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Governor Newsom signed SB 1162 into law on September 27 (effective January 1, 2023), imposing several new wage transparency reporting requirements on employers in California, and aligning California with Washington, Colorado,...more

Pillsbury Winthrop Shaw Pittman LLP

New California Law Expands Pay Transparency and Reporting Requirements

As of January 1, 2023, California will require most employers to disclose “pay scale” information in job postings. SB 1162 also imposes a host of new reporting and pay transparency requirements for larger employers, including...more

Fenwick & West LLP

California’s Gov. Newsom Expands Pay Transparency and Employee Data Reporting Laws

Fenwick & West LLP on

On September 27, 2022, California Governor Gavin Newsom signed into law SB 1162, which expands California’s existing pay transparency and employee data reporting laws. California joins New York and Colorado, which have...more

Allen Matkins

California Expands Employer Pay Scale Disclosure and Data Reporting Requirements

Allen Matkins on

On September 27, 2022, Governor Gavin Newsom signed SB 1162, which takes effect on January 1, 2023. The new law requires employers to make salary and hourly wage ranges for positions available to applicants and employees,...more

McGuireWoods LLP

California’s Requirements for Pay Transparency to Increase in 2023

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On Sept. 27, 2022, in a continuing effort toward pay equity, California Gov. Gavin Newsom signed Senate Bill 1162, the state’s pay transparency law. S.B. 1162 brings a number of changes employers will need to implement by...more

Morgan, Brown & Joy, LLP

California Becomes the Latest (and Largest) State to Pass Salary Transparency Law

On September 28, 2022, California Governor Gavin Newsom signed California’s salary transparency bill (SB 1162), making California the largest state in the United States mandating employers provide salary information in job...more

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