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Disclosure Requirements › New Legislation › Task Force on Climate-related Financial Disclosures (TCFD)

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

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

Latham & Watkins LLP

Recent Developments for Directors - December 2023 Edition

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On October 7, 2023, California Governor Gavin Newsom signed into law two statutes that will require certain companies doing business in California to disclose their GHG emissions (SB 253) and climate-related financial risk...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

Proskauer Rose LLP

California – First State to Enact Climate Reporting Legislation

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On October 7, 2023, California Governor Gavin Newsom signed into law two expansive climate disclosure bills (SB 253 and SB 261), making California the first state in the U.S. to impose requirements on greenhouse gas (“GHG”)...more

Latham & Watkins LLP

California Passes GHG Emissions Reporting and Climate-Related Financial Risk Legislation

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Governor Newsom has committed to signing into law two bills that would require certain companies that do business in California to disclose their GHG emissions and climate-related financial risks. In January 2023,...more

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