December 14, 2023
Recently enacted laws in California will require many companies to measure, manage, and disclose their greenhouse gas (GHG) emissions as well as their climate-related financial risks.[1]
This summary provides a brief overview of the new California laws and suggests proactive steps companies should consider taking now to understand their current baseline and options for complying with these new laws.
BACKGROUND
In October 2023, Governor Newsome signed two new laws.