California Climate Disclosure Laws – New Developments, Old Timelines https://t.co/grA8B6aI2F #californialaw #climatedisclosure #environmentallaw @proskauer https://t.co/RdKNHis8ix
Extended Reporting Timelines Expected for California Climate Laws https://t.co/w3ytHvp4zZ | by @AlstonBirdLLP
OPINION: Why financial industry must act now to mitigate climate-driven losses https://t.co/jKjspyAdmu
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.
