California Climate Disclosures

Compliance laws and best practices for asset-heavy industries.

California’s Climate

Disclosure Laws - An Overview

On October 7th 2023, California Governor Newsom signed the first-of-its-kind legislation that would require Scope 1, 2, & 3 disclosure from all major corporations operating within the State. California Senate Bill 253, or the Climate Corporate Data Accountability Act, requires both public and private businesses in California with revenues greater than USD 1 billion to report all direct and indirect emissions, beginning in 2026 (for the year of). Also signed was its partner bill SB 261, the Climate-Related Financial Risk Act which requires risks associated with climate phenomena to be reported by businesses with over $500 million in revenue, also beginning in 2026. The combined bills create a climate accountability package designed to improve transparency, standardize disclosures, align public investments with climate goals, and raise the bar on corporate action to address the climate crisis.

California SB 253 and SB 261

A Summary

California SB 253 and SB 261

Transforming Regulations

Into a Compliance Solution

Translating California’s compliance disclosure legislation laws into an authoritative compliance solution doesn’t have to be an overwhelming burden on the organization. Planckton Data leverages the power of AI to translate regulations accurately into an executable solution. Our cloud-enabled Digital Sustainability platform, built on open standards, aligned with GHG Protocol and GRI certified, eliminates much of the complexity from the beginning. Our step-by-step deployment framework quickly guides your organization from legislation text to a compliance-ready solution. Our strategy is to deliver climate reporting solutions quickly so companies can focus on their core business of generating value for shareholders and customers.

Solving for California SB 253

The Climate Corporate Data Accountability Act

California SB 253 is closely aligned with GHG Protocol standards. Planckton Data has incorporated GHG Protocol in their platform to quickly solve the complex requirements of California SB 253. Our capabilities include:

Complex Operations

Managing the complexity of organization and operation boundaries.

Scope 1 & 2

Ability to calculate all aspects of scope 1 & 2 using machine-level data, industry factors, estimation factors, or simulation modeling.

Scope 3

Utilizing interoperability data standards to capture indirect emissions across upstream and downstream activities to accurately calculate scope 3.


Leveraging 3rd party data sources to close data gaps in scope 3 calculations.


Applying accounting principles across the entire process to ensure verifiable results.

Solving for California SB261

The Climate-Related Financial Risk Act

California SB261 is closely aligned with the TCFD reporting standard. Climate-related risk is derived through the analysis of various qualitative and quantitative data across several categories.
Provide meaningful quantitative data and analysis necessary to make effective risk determination across climate-related risk factors
Aid in the reporting and analysis of climate-related risk factors of the organization
Leverage data and AI to recommend measures support results
Establish a repeatable business process for completing the overall requirements of SB261

Navigating the California Climate

Disclosure Landscape - Planckton Data’s Solution Portfolio

The California Emissions Disclosure Laws will have an impact on companies not only in California but across the globe. This is the opportune time to future-proof your Sustainability reporting needs, as well as anticipate similar regulations being proposed by the SEC, other States, and other countries. Planckton Data takes a data-centric approach to solving sustainability challenges, enabling companies to meet regulation requirements while generating value from their sustainability data assets.

We are here to support your
organization’s sustainability goals.

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