US EditionAppeals court pauses California law requiring companies to report climate-related financial risk
The Ninth Circuit halted SB 261 requiring firms with over $500 million revenue to report climate financial risks; over 4,100 businesses were expected to comply, CARB said.
- A U.S. appeals court temporarily paused a California law requiring large companies to report climate-related financial risks.
- The court allowed another law requiring major companies to disclose carbon emissions to remain in effect for now.
- The U.S. Chamber of Commerce argues the laws violate companies' First Amendment rights and impose a burden nationwide.
85 Articles
85 Articles
Appeals Court Pauses California Climate Disclosure Law
A federal appeals court on Nov. 18 paused a California law that would require many companies to prepare climate-related financial risk reports. A three-judge panel from the U.S. Court of Appeals for the Ninth Circuit prohibited California officials from taking steps to enforce the law, Senate Bill 261, set to take effect in January 2026. The one-page decision, which did not offer any reasoning, also allowed California to enforce a separate law, …
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Federal appeals court halts implementation of California’s climate disclosure law
The Ninth Circuit Court of Appeals has temporarily stopped enforcement of a law that requires large businesses operating in California to publicly disclose their climate-related financial risks.
Associated Press News
Appeals court pauses California law requiring companies to report climate-related financial risk
A federal appeals court has paused a California law that requires companies that do business in the state and make more than $500 million a year to report how climate change could hurt them financially.
On November 18, a federal appeals court suspended the implementation of a California law that required many companies to prepare climate-related financial risk reports. A three-judge panel of the U.S. Ninth Circuit Court of Appeals ruled to prevent California officials from taking steps to enforce SB261, which is scheduled to take effect in January 2026. This one-page, uncommented ruling also allows California to continue enforcing another law…
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