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ARTICLE · 16 SEPTEMBER 2024

California Climate Disclosure Laws – New Developments, Old Timelines

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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.

United StatesEnvironment

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,

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