The California legislature recently passed a first-in-the-nation climate disclosure law.
California Senate Bill 253 (SB 253), entitled the “Climate Corporate Data Accountability Act”, which adds a new section to that state’s Health and Safety Code. The new law requires corporate entity disclosures for large corporations with over $1 billion in total annual revenues starting in 2026. This means businesses must annually measure and disclose their greenhouse gas (GHG) emissions in conformance with the Greenhouse Gas Protocol: A Corporate Accounting and Reporting Standard (Revised edition).
To learn more about California’s Climate Corporate Data Accountability Act and what entities are subject to this act, please click here.