California's Legislature is pushing forward with new climate accountability bills aimed at increasing transparency and mitigating environmental impacts. Despite delays in the SEC's climate risk disclosure rule, companies are preparing for other reporting requirements such as the Corporate Sustainability Reporting Directive (CSRD) in the EU and California's climate rules. Investors and regulators are demanding more climate disclosures, but companies should be wary of greenwashing claims. The Australian Securities and Investments Commission (ASIC) has also released additional guidance on greenwashing. Extended reporting timelines are expected for California's climate laws, and companies are already disclosing litigation and enforcement risks related to ESG regulations.