California SB 261 – Climate-Related Financial Risk Act

California law requiring large companies doing business in the state to disclose Scope 1, 2, and 3 emissions on a phased schedule. CARB is finalizing implementation rules.

Enforcement

Mandatory

Effective date

First Scope 1 & 2 reports due 2026; Scope 3 from 2027

Covered entities

US companies doing business in California with revenue >$1bn

California runs the most extensive set of state EPR laws in the US, anchored by SB 54 which makes producers of single-use packaging and plastic food service ware fund collection, recycling and source reduction through Circular Action Alliance as the state's sole PRO. Separate laws cover paint, mattresses, carpet, batteries, sharps and (under SB 707) textiles.

Enforcement

Mandatory

Effective date

SB 54 signed 30 June 2022; permanent regulations effective 1 May 2026; full recyclability and 65% recycling rate by 1 January 2032; textiles SB 707 collection by 1 January 2030

Covered entities

Producers of single-use packaging and plastic food service ware sold in California; paint, mattress, carpet, battery, sharps and textile producers under each product-specific stewardship law