SB 261 & 253: Overview of California's 2 New Laws

California SB 261 and 253 were signed into law in October of 2023. These two new regulations will have repercussions around the globe: any company that does business in the state will be required to disclose scope 1, 2, and 3 emissions and climate-related financial risk information. This guide will help you understand:

• The background information about both laws
• Key provisions
• Recommendations for actions for businesses affected