California Governor proposes two-year delay for climate reporting
Lawmakers now have until August to pass the amendment – but its success is far from guaranteed.
California Governor Gavin Newsom is seeking to delay the implementation of his state’s climate reporting rules by two years, meaning companies would only need to comply by 2028.
In a recently published amendment proposal, Newsom suggests changing the wording of rule SB 253, known as the ‘Climate Corporate Data Accountability Act’ to give the California Air Resource Board (CARB) two more years (until 2027) to develop and adopt the necessary regulations to require companies to disclose their Scope 1, 2 and 3 emissions.