Executive Summary
On May 15, 2024, California Gov. Gavin Newsom signed two new bills into law, known as the “California Climate Accountability Package,” which will set a new standard for corporate transparency on greenhouse gas (GHG) emissions and climate risk. As it currently stands, Senate Bill 253 (SB 253) and Senate Bill (SB 261) will require companies doing business in California over certain revenue thresholds to start reporting their GHG emissions and climate-related financial risk as soon as 2026. These new bills apply to both private and publicly held companies. Companies under the revenue thresholds may also be impacted as their customers may need to collect additional information from them to assist with reporting under the new bills.
Download the resource guide below for a full breakdown of this legislation & insights on:
- How this impacts your business
- Early steps to ensure you're prepared
- Full summary of bills
- Creating a plan for action
- Preparing for GHG reporting
- Recommendations & complying with SB253 AND SB261
Laura Sands
Lead Sustainability Advisor
Lisa Becker
Sustainability Advisor
Dedicated to sustainability program success – from small food and agriculture operations to large industry leaders – Pinion develops measurable and actionable sustainability programs that are scaled to satisfy the unique needs of each operation. Pinion’s sustainability advisors create customized solutions that meet the standards, reporting needs, and programmatic execution required to attain business goals and maximize sustainability impact.
