Deadline For Carbon-Related Disclosures Under CA AB 1305 Quickly Approaching

The deadline for the California law requiring disclosure of information substantiating carbon reduction claims is January 1, 2025, so companies should begin working on these disclosure statements if they are not underway or posted on the website already.

As we wrote about here and here, California law, AB 1305, the Voluntary Carbon Market Disclosure Act (or "VCMDA") requires companies making any carbon reduction claims to disclose on their websites the following information pertaining to the greenhouse gas emissions associated with the claims:

• All information documenting how, if at all, a "carbon neutral," "net zero emission," or other similar claim was determined to be accurate or actually accomplished and how interim progress toward that goal is being measured. This information may include, but is not limited to, (1) disclosure of independent third-party verification of the entity's greenhouse gas emissions, (2) identification of its science-based targets