US/CA climate disclosure regs & Scope 3 phase-in/litigation pushback
Key Questions
What changes occurred to SEC climate disclosure rules?
SEC pulled back Scope 1 and 2 requirements in March 2025 via White House Executive Order, recalibrating enforcement toward core investor protection. This widens gaps with EU/UK standards.
What are California's SB253 Scope 3 requirements?
CA SB253 mandates Scope 3 phase-in starting 2027 with activity flexibility and penalties of $135-152k, creating legal liabilities. CARB is tightening Cap-Trade rules.
What is the status of DOL climate disclosure rules?
DOL climate disclosure rules are set for May 2026. Meanwhile, NY has delayed its requirements, and EPA faces suits.
How are Canadian carbon markets evolving?
Karbon-X expanded compliance offerings as federal and provincial carbon market deadlines approach. This supports broader North American regulatory alignment.
What preparation is needed for New Jersey's CCDAA?
New Jersey's Climate Corporate Accountability Act (CCDAA) could require reporting by 2029-2030, making early preparation critical despite the bill not being passed yet.
SEC Scope1/2 pullback (Mar'25/WH EO); DOL May2026; CA SB253 Scope3 2027 phase-in (activity flex/$135-152k, legal liabilities); CARB Cap-Trade tighten; NY delays; EPA suits; widens vs EU/UK gaps.