News & Analysis as of

California Task Force on Climate-related Financial Disclosures (TCFD) Environmental Social & Governance (ESG)

Cooley LLP

Capital Markets Update – July 2025 One-Minute Reads

Cooley LLP on

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

Paul Hastings LLP

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

Paul Hastings LLP on

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

Wiley Rein LLP

California Moves Ahead on ESG Reporting

Wiley Rein LLP on

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

Allen Matkins

California Enacts Law Mandating Climate-Related Financial Risk Reporting

Allen Matkins on

This February post noted the introduction of SB 261 which aimed at imposing climate-related financial risk reporting.  In the ensuing months, the bill was amended seven times and garnered numerous supporters and opponents. ...more

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