News & Analysis as of

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

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

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

Ropes & Gray LLP on

Last night, the California Air Resources Board (CARB) released draft guidance on the Climate‐Related Financial Risk Act (Health & Safety Code Section 38533/Senate Bill 261).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

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

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