Here’s an excerpt from this Cooley Alert penned by Cooley’s Beth Sasfai, Michael Mencher, Vince Flynn and Jordan Cohen with key-takeways coming out of a recent California Air Resources Board (CARB) virtual workshop that provided useful informal guidance on climate reporting:
“CARB’s November 18th workshop included several significant and consequential changes that may both reduce the number of companies covered by the climate reporting rules and further lighten reporting burdens for covered companies. As a general theme, CARB doubled-down on its prior emphasis on good-faith, best-efforts reporting for the first cycle under both statutes, indicating that companies should report on what they already have done, but suggesting that companies are not required to invest in new disclosure processes for 2026 reports.”
Authored by
Broc Romanek