On December 5, 2024, the California Air Resources Board (CARB) issued an Enforcement Notice regarding the Climate Corporate Data Accountability Act (SB 253), which will require companies “doing business” in California to report their Scope 1, 2, and 3 greenhouse gas emissions (GHG), with reporting for 2025 Scope 1 and 2 emissions beginning in 2026 (see our previous discussion of the law’s requirements here).

The Enforcement Notice does not extend any compliance deadlines under SB 253 or impact any of the law’s requirements, but indicates that CARB “has decided to exercise its enforcement discretion” in recognition of the lead time some companies may need “to implement new data collection processes to allow for fully complete scope 1 and scope 2 emissions reporting, to the extent they do not currently possess or collect the relevant information.”

Specifically, the Enforcement Notice provides that:

For the first report due in 2026, reporting entities may submit scope 1 and scope 2 emissions from ‘the reporting entity’s prior fiscal year’ that can be determined from information the reporting entity already possesses or is already collecting at the time this [Enforcement] Notice was issued. CARB will exercise enforcement discretion for the first reporting cycle, on the condition that entities demonstrate good faith efforts to comply with the requirements of the law.

The Enforcement Notice will be welcome news to companies that may have to report their 2025 Scope 1 and 2 emissions beginning in 2026, given that CARB is not required to finalize implementing regulations detailing how companies should comply with the law until July 2025 (see our report on SB 219, which delayed the rulemaking deadline here). As of the date of this alert, CARB still has not announced when it will issue draft regulations for public review and comment. As such, companies potentially subject to the law have yet to see any rules that would allow them to further assess the law’s applicability and reporting requirements and may have just six months to collect highly technical information and prepare reports detailing GHG emissions for the entire calendar year.

In response to CARB’s Enforcement Notice, State Senator Scott Wiener (SB 253’s legislative sponsor) and Senator Henry Stern wrote a letter to CARB on December 11, 2024, expressing their dismay and frustration with the lack of progress CARB has made to implement the legislation. The senators noted that CARB has yet to hire staff to craft the implementing regulations, leaving the regulated community to wonder whether CARB can realistically adopt implementing regulations by the extended July 1, 2025, deadline. Additionally, the senators cited the importance of the law in preserving “California’s role as a leader and backstop in the fight against the climate crisis” in the face of “a new federal Administration that has expressed open hostility to climate action in general and corporate emissions disclosure requirements specifically,” and threatened legislative hearings if CARB does not make expeditious progress on the new regulations.

While the 2024 elections will surely bring a shift away from climate policy and ESG matters at the federal level, CARB’s Enforcement Notice indicates the state is moving full speed ahead with its own climate and ESG-related requirements, even while providing companies affected by SB 253 some breathing room to develop more robust processes to account for their GHG emissions, at least for the first reporting cycle. (The Enforcement Notice does not mention SB 261, which will require affected companies to begin disclosing climate-related financial risks beginning in 2026). Given these upcoming requirements and the complexity of climate-related disclosures, we continue to recommend that companies prepare to comply with California’s climate-related reporting and disclosure obligations (see a list of recommended steps here), while closely monitoring developments with the CARB rulemaking process and the ongoing legal challenge to SB 253 and 261.

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Photo of Jason Langford Jason Langford

Jason is an associate in the firm’s Corporate practice. He focuses his practice primarily on helping domestic and foreign issuers raise capital while complying with the disclosure obligations and reporting requirements under the Securities Act of 1933 and Securities Exchange Act of 1934…

Jason is an associate in the firm’s Corporate practice. He focuses his practice primarily on helping domestic and foreign issuers raise capital while complying with the disclosure obligations and reporting requirements under the Securities Act of 1933 and Securities Exchange Act of 1934, as well as securities exchange requirements and listing standards. In addition, he assists companies with corporate governance and affiliated entity management, supports merger and acquisition transactions, and assists with general corporate and compliance matters.

Photo of Melissa Horne Melissa Horne

Melissa helps industrial and utility clients understand and navigate complex environmental requirements, with a focus on real-world implications for their business. She focuses her practice heavily on Clean Air Act and climate change issues, and advises clients on environmental justice and ESG matters.

Photo of Shawn Zovod Shawn Zovod

Shawn practices environmental and natural resources law and strategy. She specializes in Clean Water Act (CWA), Porter-Cologne Water Quality Control Act, Endangered Species Act (ESA), Marine Mammal Protection Act (MMPA), and National Historic Preservation Act (NHPA) permitting, as well as the preparation of…

Shawn practices environmental and natural resources law and strategy. She specializes in Clean Water Act (CWA), Porter-Cologne Water Quality Control Act, Endangered Species Act (ESA), Marine Mammal Protection Act (MMPA), and National Historic Preservation Act (NHPA) permitting, as well as the preparation of environmental documents under the National Environmental Policy Act (NEPA) and the California Environmental Quality Act (CEQA).

Photo of David Meyers David Meyers

Dave counsels senior executives, directors and public company boards and committees on corporate governance, securities regulation, securities offerings, mergers and acquisitions, and other major transactions. He regularly advises public companies on compliance with all federal securities laws, including Sarbanes-Oxley and NYSE/Nasdaq matters. In…

Dave counsels senior executives, directors and public company boards and committees on corporate governance, securities regulation, securities offerings, mergers and acquisitions, and other major transactions. He regularly advises public companies on compliance with all federal securities laws, including Sarbanes-Oxley and NYSE/Nasdaq matters. In addition, he assists companies with public disclosures and the drafting and filing of related documents. Dave counsels clients in a broad range of industries, including energy, manufacturing, retail and logistics.