• Posts by Abigail  Contreras
    Posts by Abigail Contreras

    Abigail counsels clients on environmental, energy, natural resources, and sustainability-related matters across industries. She represents clients in matters arising under federal and state environmental laws, including ...

Time 6 Minute Read

On October 7, 2023 California Governor Gavin Newsom signed two landmark climate disclosure laws aimed at making major companies publicly disclose their greenhouse gas emissions and report on their climate-related financial risks. The first, the Climate Corporate Data Accountability Act (SB 253), will require all business entities with an annual revenue exceeding $1 billion to disclose their greenhouse gas emissions in a format accessible to the public. The second, SB 261, will require all business entities with annual revenue exceeding $500 million to publish a report on their “climate-related financial risks” on their websites. These first-in-the-nation laws are broader than the proposed SEC climate disclosure rule and reach more than just California-based entities.


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