News & Analysis as of

Task Force on Climate-related Financial Disclosures (TCFD) New Guidance

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

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CARB Publishes Draft Guidance for Initial Reports Under California’s Climate‐Related Financial Risk Act (S.B. 261)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On September 2, the California Air Resources Board (CARB) published its long-awaited draft guidance on compliance with California’s Climate‐Related Financial Risk Act (S.B. 261) (codified in Health & Safety Code Section...more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California Climate Disclosure Laws: CARB Releases Draft Guidance on SB 261

White & Case LLP on

On September 2, 2025, the California Air Resources Board ("CARB") released draft guidance on SB 261 (the Climate-related Financial Risk Act) called a "Draft Checklist" that entities can use in preparing their climate-related...more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

Vinson & Elkins LLP

CARB Hosts Public Workshop on California Climate Laws - Updated 9.3.25

Vinson & Elkins LLP on

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Last night, the California Air Resources Board (CARB) released draft guidance on the Climate‐Related Financial Risk Act (Health & Safety Code Section 38533/Senate Bill 261).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

Cadwalader, Wickersham & Taft LLP

Canada Releases New Climate-Focused Guideline for Banks and Insurers

On March 7, 2023, the Office of the Superintendent of Financial Institutions (“OSFI”), the Canadian government agency responsible for supervising federally-regulated financial institutions (“FRFI”) and insurance companies,...more

Latham & Watkins LLP

China to Introduce Its First ESG Disclosure Standard

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The move follows a number of similar standards that regulators and governments across the globe have proposed. With effect from 1 June 2022, the Guidance for Enterprise ESG Disclosure (the Guidance), published by...more

Latham & Watkins LLP

FCA Proposes New Rules on Climate-Related Disclosures by Listed Issuers

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The FCA is moving towards formalising issuers’ compliance with the TCFD recommendations. Key Points: ..The FCA is proposing that premium listed commercial companies will need to disclose how they have implemented the...more

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