California SB154 mandates climate-related financial risk reporting and greenhouse gas emissions disclosure for large businesses.

California SB154, known as the Climate Corporate Data Accountability Act, requires large businesses with annual revenues over $500 million to report their climate-related financial risks and greenhouse gas emissions. These businesses, termed "covered entities," must prepare biennial climate-related financial risk reports and annual greenhouse gas emissions reports, including scope 1, 2, and 3 emissions. The reports must be publicly accessible and include assurance engagements for scope 3 emissions starting in 2030.

California SB154 mandates climate-related financial risk reporting and greenhouse gas emissions disclosure for large businesses.

California SB154, known as the Climate Corporate Data Accountability Act, requires large businesses with annual revenues over $500 million to report their climate-related financial risks and greenhouse gas emissions. These businesses, termed "covered entities," must prepare biennial climate-related financial risk reports and annual greenhouse gas emissions reports, including scope 1, 2, and 3 emissions. The reports must be publicly accessible and include assurance engagements for scope 3 emissions starting in 2030.