California climate reporting requirements: SB 253 and SB 261 compliance

Ensure compliance with SB 253 and SB 261: We consult GHG accounting, climate risk reporting, and sustainability disclosures for California regulations.

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California Climate Corporate Data Accountability Act (CCDAA) Compliance

In 2023, California passed two important laws - the Climate Corporate Data Accountability Act (SB 253) and the Climate Related Financial Risk Act (SB 261). Together, they form the California Climate Corporate Data Accountability Act (CCDAA).

The laws set new regulatory standards for Climate reporting - requiring large companies doing business in California to disclose more information than ever before and report their greenhouse gas (GHG) emissions and climate-related financial risks, aligning closely with global frameworks like the TCFD and the GHG Protocol.

SB 253 mandates disclosure of Scope 1, 2, and eventually Scope 3 emissions, while SB 261 focuses on climate-related financial risk reporting.

BSI Consulting helps organizations with CCDAA compliance by supporting your emissions accounting, risk assessment, and reporting. Our expertise ensures your business meets regulatory requirements and builds long-term resilience in a changing climate landscape. No matter where your organization is on its sustainability journey, it's essential to evaluate the sources of GHG emissions and climate risks throughout your operations and value chain.

At BSI Consulting, our team of experts can:

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Assist in efficiently tracking and managing your GHG accounting program
Work to identify and mitigate any potential climate-related financial risks
Help you prepare disclosures and reports, validate data, and establish emission reduction targets.
Train your team to understand the sustainability landscape and navigate stakeholder requests