Company Climate Risk
Comprehensive climate risk intelligence for informed decision-making
← Back to Regulations
🇺🇸
California
Mandatory from 2026California Climate Disclosure Laws
California's climate disclosure laws (SB 253 and SB 261) set mandatory reporting standards for large companies operating in the state, requiring disclosure of greenhouse gas emissions and climate-related financial risks. These cover Scopes 1, 2, and 3 emissions, transition planning, and risk management in line with TCFD. The framework applies equally to public and private companies.
Key Requirements
- •Transition and physical climate risk disclosures in line with TCFD
- •Annual GHG emissions reporting (Scopes 1, 2, 3) on a public digital platform
- •Biennial climate-related financial risk reports covering governance, strategy, and risk management
- •Third-party assurance phased from limited to reasonable over time
- •Policies, actions, and measures to reduce or adapt to identified risks
- •Alignment with global disclosure frameworks (TCFD, ISSB)
- •Scenario analysis must follow TCFD guidance, assessing transition and physical risks. Firms may select models flexibly but must disclose assumptions and portfolio resilience under different climate futures.
Implementation Timeline
FY2026: Scope 1 & 2 reporting
FY2027: Scope 3 reporting
Report Timing
Annual, aligned to fiscal year.
Compliance Status
Mandatory from 2026Track your progress towards meeting the requirements and deadlines for this regulation.