The New York State Senate just passed a landmark piece of climate legislation. Senate Bill (SB) S9072A, the Climate Corporate Data Accountability Act, passed the Senate on February 10, 2026 and requires organizations doing business in New York with over $1 billion in annual revenue to publicly disclose their GHG emissions each year. The bill …
The clock is ticking on California’s ambitious plastics reduction law, Senate Bill (SB) 54. While the regulatory agency, CalRecycle’s recent withdrawal of proposed regulations might seem like a reprieve, the implementation timeline remains unchanged. For many companies, 2026 is the year to act. Beyond Compliance: A Strategic Imperative SB 54 represents a fundamental shift in …
As the Ninth Circuit Court of Appeals prepares to rule on California’s groundbreaking climate disclosure laws, Senate Bill (SB) 253 (greenhouse gas emissions reporting) and SB 261 (climate-related financial risk reporting), the business community stands at a critical juncture. The outcome could fundamentally reshape corporate climate accountability across the United States. The Current Landscape Following …
Corporate sustainability has evolved significantly over the decades. While many companies have made genuine commitments through comprehensive reporting and environmental initiatives, there has been an ongoing challenge around connecting these efforts to measurable business impact. A critical transformation is now underway as companies increasingly re-focus on what is financially material to their operations, fundamentally changing …
The California Air Resources Board (CARB) hosted a workshop on May 29, 2025 to outline its approach to implementing California’s pending climate disclosure requirements, with attendees from five continents demonstrating the global interest in California’s approach. What’s Being Required and When SB 253: Companies doing business in California with annual revenues exceeding $1 billion will …
This week, California Governor Gavin Newsom announced his proposal to extend the state’s landmark cap-and-trade program for GHG emissions through 2045. The extension was included in Governor Newsom’s revised budget for 2025–26 and seeks to secure the program’s role as a cornerstone of California’s climate strategy. The announcement timing is based on the approaching expiration …
In a move to continue progress on increasing transparency and accountability in corporate GHG emissions reporting, the states of New York and Colorado have recently introduced legislation that closely resembles California’s Senate Bill (SB) 253, also known as the Climate Corporate Data Accountability Act. California’s SB 253, passed in 2023, requires companies with over $1 …
Investors rely on data that is consistent, comparable, decision-useful and accurate to inform their investment decisions. With sustainability issues increasingly intertwined with business strategy, ESG data analysis is increasingly commonplace. According to a recently released study by the global professional services firm, EY, 43% of investors now employ full-time sustainability analysts and 25% anticipate significant …
Canada’s Roadmap to Net Zero Emissions and Sustainable Economic Growth Canada is on a mission to grow its economy while achieving net-zero emissions by 2050. To achieve their goals, Canada’s Department of Finance has determined they need between $125 and $140 billion of annual investment. However, navigating the complex landscape of sustainable investing can be …
California continues to lead the way in corporate climate accountability across the United States with the previous passage of SB 253 and SB 261 (now Sections 38532 and 38533 of the Health and Safety Code). These regulations are set to reshape how large public and private companies report their GHG emissions and climate-related financial risks. …