CAL LEG Coporate Emissions Reporting


On Sep. 12, CAL LEG passed bill updating emission disclosures.


  • CAL LEG passed bill SB 219 regarding annual disclosure of greenhouse gas emissions.
  • Amends CAL LEG 25.2-2-38532 and CAL LEG 25.5-2-38533 re greenhouse gases.
  • Follows CAL LEG Sep. 2023 bill to require certain emissions reporting, see #184585.
  • Bill Provisions
  • Delays the requirement that the State board adopt regulations to annually disclose all of the reporting entity’s scope 1, scope 2, and scope 3 emissions until Jul. 1, 2025.
  • Requires that regulations adopted by the state board require a reporting entity to make annual disclosure to either emissions reporting organization or the state board.
  • Reporting entity to publicly disclose its scope 3 emissions on a schedule specified by the state board, rather than no later than 180 days after scope 1 and 2 are disclosed.
  • The bill would authorize reports to be consolidated at the parent company level and would delete the requirement that the annual fee be paid upon filing the disclosure.
  • Authorizes, rather than requires, the state board to contract with an emissions reporting organization to develop a reporting program to make disclosures public.
  • Other related changes to duties of emissions reporting organization and state board.
  • Legislative History
  • On Jan. 18, 2023, bill introduced in Senate; on Mar. 27, 2023, bill passed in Senate.
  • On Mar. 27, 2023, bill introduced in Assembly; on Aug. 31, 2024, bill passed Assembly.
  • On Sep. 12, 2024, Assembly amendments concurred, enrolled, presented to Governor.
  • Effectiveness
  • No effective date specified; generally effective Jan. 1 after enactment, on Jan. 1, 2025.
  • Sep. 27, 2024 CAL LEG Governor Approval
  • On Sep. 27, 2024, CAL LEG reported bill SB 219 approved by governor, Chapter 766.

Regulators CAL LEG
Entity Types Auditor; Corp
Reference Ch. 766, 9/27/2024; Bill SB219, 9/12/2024; ESG; Citation: *CAL LEG* 25.2-2-38532, 25.5-2-38533;
Functions Accounting; Audit; Compliance; Environment; Legal; Reporting
Countries United States of America
Category
State
Products Corporate; Equity
Regions Am
Rule Type Final
Rule Date 9/12/2024
Effective Date 1/1/2025
Rule Id 226211
Linked to Rule :184585
Reg. Last Update 9/27/2024
Report Section US Consumer

Last substantive update on 10/02/2024