Jurisdiction
For products sold in USA
Law Summary
Complementing SB 253, this California law requires large companies (>$500M revenue) doing business in the state to prepare biennial reports disclosing climate-related financial risks (physical and transition) and their risk management strategies, generally following the TCFD framework, starting January 2026.
Law Obligation
- Companies must report their global energy use and carbon emissions in annual reports.
- Organizations must disclose energy efficiency actions taken during the reporting year.
- Businesses must include intensity metrics relating to emissions.
