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The California Air Resources Board (CARB or Board) will conduct a public hearing at the date and time noted below to consider approving for adoption the proposed California Corporate Greenhouse Gas Reporting and Climate-Related Financial Risk Disclosure Initial Regulation.
Date: February 26, 2026
Time: 9:00 A.M.
Location:
In-Person: California Air Resources Board
Byron Sher Auditorium
1001 I Street, Sacramento, California 95814
Remote Option: Zoom
This public meeting may continue at 9:00 a.m., on February 27, 2026. Please consult the public agenda, which will be posted ten days before the February 26, 2026, Board Meeting, for important details, including the date and time at which this item will be considered and how the public can participate via Zoom if they choose to be remote.
Rulemaking Materials Posted
The Notice of Public Hearing to Consider the Proposed California Corporate Greenhouse Gas Reporting and Climate-Related Financial Risk Disclosure Initial Regulation (Notice), Staff Report (Initial Statement of Reasons), and proposed regulatory text were sent to the California Office of Administrative Law (OAL) on December 9, 2025. These materials are currently available on CARB’s webpage. CARB anticipates that OAL will publish the Notice on December 26, 2025, commencing a 45-day public comment period that will end on February 9, 2026. Given the holiday season and the strong interest in this program, staff is providing extra time for public review of materials prior to the start of the 45-day formal comment period. Written comments on the regulatory proposal and associated documents may be submitted into the 45-day comment docket as described below. If CARB makes any revisions or updates to any of the documents in this rulemaking package prior to the formal publication on December 26, 2025, CARB will update its rulemaking webpage and notify stakeholders.
Written Comment Period & Comment Submittal
In accordance with the Administrative Procedure Act, interested members of the public may present comments orally or in writing during the hearing and may provide comments by postal mail or by electronic submittal before the hearing. The public comment period for this regulatory action will begin on December 26, 2025. Written comments not submitted during the hearing must be submitted on or after December 26, 2025, and received no later than February 9, 2026. Comments submitted outside the comment period are considered untimely. CARB may, but is not required to, respond to untimely comments. The Board also encourages members of the public to bring to the attention of staff in advance of the hearing any suggestions for modification of the proposed regulatory action. Comments submitted in advance of the hearing must be addressed to one of the following:
Clerks' Office, California Air Resources Board
1001 I Street, Sacramento, California 95814
Please note that under the California Public Records Act (Government Code section 7920.000 et seq.), your written and oral comments, attachments, and associated contact information (e.g., your address, phone, email, etc.) become part of the public record and can be released to the public upon request.
Background
The California Corporate Greenhouse Gas Reporting Program, authorized by Senate Bill (SB) 253 (Wiener, Stats. 2023, ch. 382), is being developed by CARB and will require business entities formed under the laws of California, the laws of any other state of the United States or the District of Columbia, or under an act of the Congress of the United States, with total annual revenues in excess of one billion dollars ($1,000,000,000) that do business in California (“reporting entities”) to annually disclose their Scope 1, Scope 2 and Scope 3 emissions for the prior fiscal year. The initial (first-year) annual emissions disclosures in 2026 address Scope 1 and Scope 2 emissions, and in subsequent years (beginning in 2027) must include Scope 3 emissions. The Climate Related Financial Risk Disclosure Program authorized by SB 261 (Stern, Stats. 2023, ch. 383) also applies to both public and private U.S. companies that do business in California with annual revenues in excess of $500 million. SB 219 (Wiener, Stats. 2024, ch. 766) introduced amendments to parts of SB 253 and SB 261, including adjustments to regulatory timelines, the timing for reporting Scope 3 emissions, fee payments, and other provisions.
For additional information, please visit the California Corporate Greenhouse Gas (GHG) Reporting and Climate Related Financial Risk Disclosure Programs webpage and CARB’s Resources.
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