Exxon sues California over climate disclosure laws
ExxonMobil argues California's 2023 laws unfairly target large companies and compel speculative disclosures, challenging the free speech implications of mandated climate reporting.
- On Friday, Exxon Mobil Corporation filed a complaint in the U.S. Eastern District Court for California, suing the state over two 2023 climate disclosure laws and alleging free speech violations.
- The laws would expand reporting to include planet-warming emissions such as employee business travel and product transport under Senate Bill 253, while Senate Bill 261 requires companies making more than $500 million annually to disclose climate-related financial risks and plans.
- In its complaint, Exxon Mobil Corporation says the frameworks place disproportionate blame on large companies and would force speculation about unknowable future developments on its company website.
- The complaint asks the court to block the laws from taking effect next year, seeking injunctive relief to prevent disclosure requirements for companies making more than $500 million annually.
- Exxon, a major oil and gas firm, argues that public greenhouse gas disclosures for years protect its speech choices, while the complaint highlights that disclosure rules would compel a message blaming companies based on worldwide emissions and company size vs efficiency.
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55 Articles
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“Polluters” sue California over the state’s new Climate Corporate Data Accountability Act, which requires companies with annual revenues exceeding $1 billion that conduct business in California to report their greenhouse gas emissions to the California Air Resources Board (CARB). It’s another California climate shakedown given that the requirements would apply to approximately 5,400 companies, including Walmart, Apple, ExxonMobil and Chevron, th…
ExxonMobil claims California climate disclosure laws violate First Amendment rights in lawsuit
ExxonMobil has sued the state of California, alleging that two climate change laws infringe on the company’s right to free speech, according to multiple outlets.The company filed the complaint in the U.S. Eastern District Court for California on Friday, claiming the new laws force it to agree with the state’s viewpoint on climate change, specifically that oil and gas corporations take particular blame, according to Bloomberg.One of the bills req…
Exxon sues California over new laws requiring corporate climate disclosures
ExxonMobil filed has suit in federal court challenging two California laws that would require the oil giant to report the greenhouse emissions resulting from the use of its products globally.
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