New Climate Change Disclosures Pass into Law in California (.PDF Download)

By Jan. 1, 2026, certain companies operating in California will have to prepare climate-related financial reports on a biennial basis. The new rule stems from the California Global Warming Solutions Act of 2006, which requires California’s Air Resources Board to adopt regulations “to require the reporting and verification of statewide greenhouse gas (GHG) emissions.” The Board must also monitor and enforce compliance with the act.