California GHG Reporting and Climate Financial Risk Disclosure Initial Regulation Adopted

Mon, 20 Apr 2026 18:04:22 +0000
Environmental Protection

The California Air Resources Board adopted the California Greenhouse Gas Reporting and Climate Financial Risk Disclosure Initial Regulation on February 26, 2026, establishing fee structures and administration procedures for SB 253 and SB 261. The regulation sets the first-year reporting deadline under SB 253 as August 10, 2026, with reporting limited to Scope 1 and Scope 2 emissions. The rule applies to large corporations doing business in California with gross revenue exceeding $500 million or $1 billion depending on the statute.