Further to the note in today's Society Alert regarding the Ninth Circuit's preliminary injunction of the enforcement of California's SB 261 (as amended by SB 219) (climate-related financial risk reporting) that was published during CARB's third virtual public workshop yesterday (which the Society attended), see these memos from Ropes & Gray and Simpson Thacher with additional detail and guidance for in-scope companies that have been preparing for compliance pursuant to the January 1, 2026, statutory deadline. Watch this space for additional commentary and guidance on this development.
See also "U.S. Court Pauses Implementation of California Climate Reporting Law" (ESG Today).