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Executive Summary: California Climate Laws

Executive Summary: California Climate Laws

Published 10-18-23

Submitted by Workiva

Executive Summary: California SB-253 and SB-261. A snapshot of California's New Climate Disclosure Regulations.

On October 7th, California Governor Gavin Newsom signed SB-253 and SB-261, two bills that would require large corporations operating in the state to disclose their carbon footprints and climate-related financial risks starting in 2026.

A new executive summary from Workiva summarizes key details in California's climate disclosure regulations, including:

  • Who's impacted and what's in scope for GHG emissions
  • A timeline for assurance required by SB-253
  • How climate-related financial risks are defined by SB-261
  • Five steps organizations can take now to prepare

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Workiva

Workiva

Workiva Inc. (NYSE:WK) is on a mission to power transparent reporting for a better world. We build and deliver the world’s leading regulatory, financial and ESG reporting solutions to meet stakeholder demands for action, transparency, and disclosure of financial and non-financial data. Our cloud-based platform simplifies the most complex reporting and disclosure challenges by streamlining processes, connecting data and teams, and ensuring consistency. Learn more at workiva.com.

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