CCRcorp Sites  

The CCRcorp Network unlocks access to a world of insights, research, guides and information in a range of specialty areas.

Our Sites

TheCorporateCounsel

TheCorporateCounsel.net

A basis for research and practical guidance focusing on federal securities laws, compliance & corporate governance.

DealLawyers

DealLawyers.com

An educational service that provides practical guidance on legal issues involving public and private mergers & acquisitions, joint ventures, private equity – and much more.

CompensationStandards

CompensationStandards.com

The “one stop” resource for information about responsible executive compensation practices & disclosure.

Section16.net

Section16.net

Widely recognized as the premier online research platform providing practical guidance on issues involving Section 16 of the Securities Exchange Act of 1934 and all of its related rules.

PracticalESG

PracticalESG.com

Keeping you in-the-know on environmental, social and governance developments

Back in December, I wrote about draft regulations for SB 253 and SB 261 put forward by the California Air Resources Board (CARB). Now CARB has adopted the draft regulations, making them binding. These regulations define terms for scoping under the California disclosure laws. They also set a reporting deadline of August 10, 2026, for entities required to report carbon emissions under SB 253. A recent Sullivan & Cromwell memo gives the specifics:

“The Regulations establish CARB’s fee structure for SB 253 and SB 261 and define key concepts relevant to determining the entities in-scope of the laws. In addition, the Regulations set an August 10, 2026 deadline for the first greenhouse gas (“GHG”) reports under SB 253, as well as the period to be covered in the initial reports. CARB announced that it will begin a separate rulemaking on GHG emission reporting requirements for 2027 and onwards, and on the assurance requirements associated with such reporting.”

Of course, SB 253 and SB 261 are still being litigated in the 9th Circuit Court of Appeals. The courts are allowing SB 253 to be enforced while litigation is pending. On the other hand, the courts enjoined SB 261 pending the outcome of litigation. This litigation will have impacts outside of California, as other states, including New York, passed similar legislation. Win or lose, the Court’s opinion in the California case will establish a precedent that will be used in future legal battles. For now, companies should prepare for SB 253 compliance, which requires companies to disclose Scope 1 and Scope 2 emissions this year.

Our members can learn more about climate disclosure laws here.

Interested in a membership with access to the complete range of benefits and resources? Sign up now and take advantage of our no-risk “100-Day Promise” – during the first 100 days as an activated member, you may cancel for any reason and receive a full refund. But it will probably pay for itself before then. Members also save hours of research and reading time each week by using our filtered and curated library of ESG/sustainability resources covering over 100 sustainability subject areas – updated daily with practical and credible information.

Practical Guidance for Companies, Curated for Clarity.

Back to all blogs

The Editor

Zachary Barlow is a licensed attorney. He earned his JD from the University of Mississippi and has a bachelor’s in Public Policy Leadership. He practiced law at a mid-size firm and handled a wide variety of cases. During this time he assisted in overseeing compliance of a public entity and litigated contract disputes, gaining experience both in and outside of the courtroom. Zachary currently assists the PracticalESG.com editorial team by providing research and creating content on a spectrum of ESG… View Profile