Despite Preliminary Injunction CARB approves California’s climate disclosure regulations
The California Air Resources Board, tasked with enforcing the state’s climate disclosure laws, will require companies to report scope 1 and scope 2 emissions by August this year. Full Story HERE.
The U.S. Chamber of Commerce and other business groups led litigation in the Ninth Circuit resulting in a preliminary injunction on SB 261. While the group applauded the injunction on the climate-risk reporting law, the lawsuit is also seeking to enjoin implementation of the emissions disclosure law.
Due to the court case, The Conservation Fund Executive Vice President and General Counsel Kristina Wyatt said in a LinkedIn post that the approval “is perhaps less significant than would be the case were there not pending litigation holding both laws in limbo.”