SB 261 — Greenhouse Gases: Climate-Related Financial Risk
SB 261 — Greenhouse Gases: Climate-Related Financial Risk: biennial climate-related financial risk report using tcfd framework; report publicly on company website.
What it is
SB 261 — Greenhouse Gases: Climate-Related Financial Risk (CA SB 261 (2023)) is a us state climate measure. Biennial climate-related financial risk report using TCFD framework; report publicly on company website.
Who must comply
US companies >$500M revenue doing business in CA (all sectors)
What you must disclose
Biennial climate-related financial risk report using TCFD framework; report publicly on company website
Timeline
First report was Jan 1, 2026 (enjoined)