Climate Reporting Laws: Comparison of Key Provisions
Recently enacted legislation, known as the Climate Accountability Package, place similar but separate climate-related reporting requirements on thousands of businesses doing business in California. SB 253 requires companies to report their greenhouse gas (GHG) emissions related to both operations and their supply chain, while SB 261 requires companies to disclose their climate-related financial risks. (See GHG Emissions Reporting Bill Signed into Law and Climate-Related Financial Risk Act Enacted.)
The following chart provides a quick comparison of the requirements in each bill:
