California recently passed two new climate disclosure bills, SB 253 and 261, into law, which will require many companies to disclose scope 1, 2, and 3 greenhouse gas emissions and additional information on financial risk related to climate change. The new laws, known as the Climate Corporate Data Accountability Act, CCDAA, and the Climate-Related Financial Risk Act, CRFRA, and will be applied to public and private companies doing business in California. As CCDAA and CRFRA are the most demanding US climate-related disclosure legislation to date, there is no better time to get an understanding of the expectations so you can adapt and prepare.
This webinar will offer a crucial conversation that delves into the complexities and implications of the California climate disclosure laws. You’ll also hear an enlightening discussion of laws in the context of the proposed SEC rules and ESG reporting frameworks and investor expectations.
A comprehensive overview of the new California climate disclosure laws, context and history, objectives, and legal requirements
How the laws may affect your business and what qualifies as “doing business” in California
Compliance strategies that you should implement now, and risks of non-compliance
Reporting best practices and frameworks worth considering