California’s climate disclosure rules target companies nationwide

Businesses incorporated in California and in the United States that have annual revenues of $1 bn or more and do business in California are required by California law to report their prior-year greenhouse gas emissions in 2026 and subsequent years. Senate Bill 253 adopts the Greenhouse Gas Protocol as the reporting framework and requires verification by a third party. OmnexFuturepast offers third-party verification services for this program. This webinar explains the differences between limited and reasonable assurance and how a consolidated organizational inventory of greenhouse gas emissions differs from facility-level greenhouse gas reporting. SB 261 requires U.S. businesses with $500 mn in annual revenue to publicly post climate-related financial risk disclosures by January 1, 2026, and biennially thereafter. These disclosures can follow recommendations of the Task Force on Climate-related Financial Disclosures or similar reporting frameworks. The California Air Resources Board plans to finalize implementing regulations by the end of 2025.

Speaker

John Shideler

John Shideler – Managing Director • Omnex S3 Futurepast Inc. John Shideler is an environmental consultant with 26 years of experience who specializes in greenhouse gas management. He has extensive expertise in environmental, health, and safety management systems across diverse sectors, including oil, gas, coal, manufacturing, mining, metals, and transportation. Shideler serves as a US expert on ISO Technical Committee 207 SubTag 7 on Greenhouse Gas Management. He holds certifications in greenhouse gas management validation and verification and currently is helping to write ISO 14019, Validation and verification of sustainability statements. Shideler is based in Arlington, Virginia, and consults with clients worldwide.