California Passes Law Requiring Large Companies to Disclose Emissions Starting in 2026

New California law will require large companies to disclose greenhouse gas emissions starting in 2026

Applies to companies with over $1 billion in annual revenue, impacting over 5,000 corporations

Must report emissions from operations, electricity, supply chain and customers

Could face penalties if don't disclose climate-related risks in 2026

Part of effort to drive decarbonization by increasing transparency around emissions