Appeals court pauses California law requiring companies to report climate-related financial risk

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.

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.

Federal appeals court halts implementation of California’s climate law SB 261

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.

Court Halts California Climate Risk Disclosure Law, Businesses Get Reprieve

A U.S. appeals court has issued an injunction halting the implementation of a new California law that would require thousands of companies to report on climate-related financial risks, just weeks before the law’s first mandated disclosures were due. The decision comes in response to a request by the U.S. Chamber of Commerce, which has been actively challenging the laws on constitutional grounds… Source

Legal Brief Highlights Business Group Support for California Climate Disclosure Laws

Ceres has filed an amicus curiae brief in the United States Court of Appeals for the Ninth Circuit, highlighting business and advocates’ support for California’s groundbreaking climate disclosure laws that aim to improve market transparency. The brief demonstrates longstanding support from companies and investors for these laws, which require large companies doing business in California to disclose information about their greenhouse gas emission…

U.S. Court Pauses Implementation of California Climate Reporting Law

A U.S. appeals court issued an injunction pending appeal on Tuesday halting the implementation of a new California law that would require thousands of U.S. companies to report on climate-related financial risks, just weeks prior to the law’s first mandated disclosures. The court did not, however, agree to a request to halt another law requiring companies to report on their greenhouse gas (GHG) emissions, which is set to come into effect later in…