The Carbon Claims Pincer Movement

In response to litigation about carbon neutrality claims, many corporations and asset managers have been inclined to go silent, that is to engage in "greenhushing" by not publicly mentioning any carbon reduction goals. Although greenhushing may seem the course of least resistance, it is increasingly under fire by regulators, potentially causing whiplash.

Bills Mandating Disclosure

A trio of California bills awaiting the Governor's signature would compel various disclosures from entities doing business in the state.

As we have written before, SB 253 and SB 261 will mandate disclosure of carbon footprint and climate risk information from covered entities doing business in California.