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Task Force on Climate-related Financial Disclosures (TCFD) California

Ropes & Gray LLP

26 Predictions for ’26 for Sustainability Legal and Compliance Professionals

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We are ringing in the New Year with our annual predictions for sustainability legal and compliance professionals. In this post, we provide 26 predictions to inform sustainability compliance in 2026 (and beyond), in particular...more

Perkins Coie

California Climate Disclosure Laws Update (UPDATED)

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On November 18, 2025, the U.S. Court of Appeals for the Ninth Circuit paused the enforcement of the California Climate-Related Financial Risk Act (SB 261) while the lawsuit challenging SB 261 and the Climate Corporate Data...more

Ropes & Gray LLP

CARB Confirms Non‑enforcement of SB 261 Deadline and Details Voluntary Docket Process

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As many were settling back into work after the Thanksgiving holiday, the California Air Resources Board (CARB) published an Enforcement Advisory and opened up its public docket for voluntary submissions of SB 261 climate risk...more

Ropes & Gray LLP

Complying With California’s Corporate Climate Disclosure Mandates – the November 18 CARB Workshop, Updated FAQs and Guidance, An...

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The California Air Resources Board held its third workshop last week on California’s pending corporate climate disclosure mandates. Health & Safety Code 38532 (SB 253) requires greenhouse gas emissions disclosures, while...more

Perkins Coie

California Climate Disclosure Laws Update

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On November 18, 2025, the U.S. Court of Appeals for the Ninth Circuit paused the enforcement of the California Climate-Related Financial Risk Act (SB 261) while the lawsuit challenging SB 261 and the Climate Corporate Data...more

Foley & Lardner LLP

CA Climate Disclosures – SB 261 – January 1, 2026 Reporting Deadline and CARB “Preliminary List” of Covered Entities

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While the January 1, 2026, statutory deadline for reporting under California’s Climate-Related Financial Risk Act (SB 261) is quickly approaching, there is still time for regulated entities to comply with the law. Although...more

Ballard Spahr LLP

Are You on This List? Cali Lists Cos. Likely Subject to Climate Disclosure Laws

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The California Air Resources Board (CARB) recently released a draft list of 4,159 public and private companies that do business in the state and that it believes must comply with California’s laws requiring disclosure of...more

Akin Gump Strauss Hauer & Feld LLP

CARB Publishes Preliminary List of Companies Potentially Subject to SB 253 and SB 261

The California Air Resources Board (CARB) took a significant step forward recently in implementing the state’s climate disclosure laws: SB 253 (the Climate Corporate Data Accountability Act) and SB 261 (the Climate-Related...more

Mintz - Securities & Capital Markets...

California Identifies 4,100+ Companies Subject to Mandatory Climate Disclosures

On September 24, 2025, the California Air Resources Board (CARB) — the state regulator responsible for implementing California’s new mandatory climate disclosure regulations — released a preliminary list of about 4,100...more

Vinson & Elkins LLP

CARB Hosts Public Workshop on California Climate Laws - Updated 9.25.25

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The California Air Resources Board (“CARB”) hosted a public workshop on August 21, 2025 to provide information on Senate Bills 253, 261 and 219 (the “California climate laws”) and solicit feedback from consumers and...more

Bracewell LLP

Are You on the List? CARB Releases List of Entities Subject to Climate Disclosure Laws

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The California Air Resources Board (CARB) released a list this week identifying which entities the agency believes are subject to the state’s climate disclosure laws — SB 253 and SB 261. The list can be downloaded here....more

Beveridge & Diamond PC

CARB Publishes Draft Guidance for Initial Reports Under California’s Climate‐Related Financial Risk Act (S.B. 261)

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On September 2, the California Air Resources Board (CARB) published its long-awaited draft guidance on compliance with California’s Climate‐Related Financial Risk Act (S.B. 261) (codified in Health & Safety Code Section...more

White & Case LLP

California Climate Disclosure Laws: CARB Releases Draft Guidance on SB 261

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On September 2, 2025, the California Air Resources Board ("CARB") released draft guidance on SB 261 (the Climate-related Financial Risk Act) called a "Draft Checklist" that entities can use in preparing their climate-related...more

Akin Gump Strauss Hauer & Feld LLP

CARB Publishes Draft Climate-Related Financial Risk Disclosure Checklist

The California Air Resources Board (CARB) recently released a Draft Checklist to assist companies in preparing climate-related financial risk reports under Senate Bill 261, codified at California Health and Safety Code (HSC)...more

Morrison & Foerster LLP

California Air Resources Board Releases Draft Checklist for Climate Risk Disclosures Under SB 261

On September 2, 2025, the California Air Resources Board (CARB) released a draft checklist to guide companies within the scope of SB 261 in preparing climate-related financial risk reports. This law, codified in Health and...more

Jones Day

Both Convergence and Divergence Seen in Emerging State Climate Disclosure Bills

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Although the federal Securities and Exchange Commission has stayed its 2024 climate-related disclosure rule, certain U.S. states continue to advance their own climate-related disclosure legislation. California's landmark...more

Vinson & Elkins LLP

CARB Hosts Public Workshop on California Climate Laws - Updated 9.3.25

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The California Air Resources Board (“CARB”) hosted a public workshop on August 21, 2025 to provide information on Senate Bills 253, 261 and 219 (the “California climate laws”) and solicit feedback from consumers and...more

Ropes & Gray LLP

California Air Resources Board Publishes Draft SB 261 Guidance

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Last night, the California Air Resources Board (CARB) released draft guidance on the Climate‐Related Financial Risk Act (Health & Safety Code Section 38533/Senate Bill 261). This disclosure mandate will require subject...more

Cooley LLP

Capital Markets Update – July 2025 One-Minute Reads

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CARB publishes FAQs on climate disclosure laws The California Air Resources Board (CARB) published these FAQs on SB 261 and SB 253, covering topics like reporting timelines, revenue tests and “doing business in California.”...more

Jones Day

Legal Questions for Your Sustainability Team #4

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This series seeks to identify legal questions that can add definition and value to the good work that sustainability teams are doing. ...more

Cooley LLP

Is a delay in the cards for California’s climate accountability laws?

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You might recall that, in 2023, California Governor Gavin Newsom signed into law two bills related to climate disclosure: Senate Bill 253, the Climate Corporate Data Accountability Act, and SB261, Greenhouse gases:...more

Quarles & Brady LLP

California’s New Climate Disclosure and GHG-Related Claims Laws

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On October 7, 2023, Governor Gavin Newsom signed into law a trio of climate-related bills that will impact what companies doing business in California must (or can) say about their greenhouse gas (GHG) emissions and the...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

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

Wiley Rein LLP

California Moves Ahead on ESG Reporting

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On October 7, 2023, California Governor Gavin Newsom signed two new climate reporting bills into law: Senate Bill (SB) 261, Greenhouse gases: climate-related financial risk and SB 253, the Climate Corporate Data...more

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