The California legislature recently rejected Governor Gavin
Newsom's proposal to delay the deadlines to comply with
California's climate disclosure laws by two years.
By way of background, in October 2023, California passed three
laws relating to climate disclosure:
- SB253 (reporting on greenhouse gas (GHG) emissions);
- SB261 (reporting on climate‑related risks); and
- AB1305 (disclosure of information regarding GHG emissions
reduction claims and voluntary carbon offset activities).
When the Governor signed SB253 and SB261 into law (known
together as California's Climate Accountability Package), he
noted his concerns regarding the infeasibility of the
implementation timelines under both SB253 and SB261, and in June
2024, his administration proposed amendments that included a
two‑year delay on the implementation timelines under SB253
and SB261. However, on September9, 2024, California's
legislature rejected Governor Newsom's proposal. In August,