On 18 January 2024, members of Norton Rose Fulbright US LLP hosted a webinar to discuss the sweeping impact of California’s new ESG climate disclosure legislation.
The session provides an update on some of the key aspects of California’s recently enacted legislation that requires certain public and private US companies doing business in California to provide public disclosures regarding their climate emissions, climate risk, carbon neutral claims and use of offsets.
It was a lively discussion about the new requirements in SB 253, SB 261 and AB 1305, the potential effect on companies within and outside California and the team’s thoughts on addressing these challenges.