Assess the maturity of your Climate Risk & ESG Reporting processes
Build a plan to produce a climate report in line with the Taskforce on Climate-related Financial Disclosures (TCFD)
Let’s Talk
Get in touch with Good.Lab to explore solutions for building a California compliant climate strategy:
Empower Your Business with Comprehensive GHG Emissions & Climate Risk Reporting Solutions For California Climate Bills
California’s new Senate Bill 253, the Climate Corporate Data Accountability Act, and Senate Bill 261, the Climate-related Financial Risk Act aim to increase transparency and accountability around how businesses report their emissions and manage climate-related financial risks.
This raises the bar on corporate climate action and marks the US’s first shift from voluntary emissions reporting to mandatory reporting.
The total number of companies affected by the laws will be over 10,000, but far more small and medium-sized value chain players are also likely to be impacted.
Good.Lab empowers businesses to comply and thrive in a fast evolving ESG regulatory landscape
Greenhouse Gas Emissions Reporting
Which companies are affected
SB 253 requires any US company with $1 billion+ in revenue operating in California to report their Scope 1 & 2 emissions starting in 2026, and Scope 3 in 2027.
Get compliant with Good.Lab
Comprehensive Emissions Reporting Measure and report Scopes 1, 2, and 3 in line with the Greenhouse Gas Protocol standards for measurement to meet the 2026 deadline.
Third-Party Assurance Our platform provides you with audit-ready emissions data exports, so you can work with our network of assurance providers to ensure your reporting meets the highest standards of accuracy and credibility for limited and reasonable assurance.
Climate-Risk Readiness Assessment
Which companies are affected
SB 261 requires any US company with $500 million+ in revenue operating in California to prepare and submit an annual climate-related financial risk report starting in 2026.
Get compliant with Good.Lab
Climate Risk Readiness Assessment Assess your current state of readiness for reporting on climate-related risks in line with TCFD/ISSB and prioritize any critical gaps to achieve compliance.
Climate Compliance Roadmap
Get a sequenced plan of recommended actions to take and begin prioritizing and improving areas where maturity is low for upcoming reporting requirements based on your goals, priority and implementation timing.
Set a plan in action today as regulations like the California climate bills are on the rise
If you haven’t yet mastered ESG and climate reporting, now is the time to prepare for future compliance, especially if emissions reporting and assessing climate risks are new processes.
Get Compliant
Ensure your business meets the requirements of both SB 253 and SB 261 to avoid potential legal and financial pitfalls.
Gain Competitive Advantage
As the world shifts towards a low-carbon economy, businesses that transparently manage climate risks will stand out.
Build Investor Confidence
Enable investors to assess your progress towards climate commitments, boosting confidence and attracting more investment.
Good.Lab expertly guided us through our CDP initiative. Their ability to quickly grasp our intricate requirements for GHG emissions measurement and reporting, even under tight deadlines, was commendable. Their seamless guidance through the questionnaire and professionalism are unparalleled.
Good.Lab’s solutions transformed our emissions reporting process. Good.Lab provided the expertise, guidance, and software to give us complete confidence in the accuracy of our emissions calculations and the insights from Good.Lab’s platform have been invaluable in shaping our climate strategy.
Good.Lab has been instrumental in guiding Protingent through complex emissions reporting requirement. Their expertise and support have enabled us to accurately measure, track, and report on our carbon footprint, reinforcing our commitment to sustainability.
California SB 253, known as the Climate Corporate Data Accountability Act, requires both public and private US businesses with revenues greater than $1 billion operating in California to report their emissions comprehensively. SB 261, the Climate-related Financial Risk Act, aims to increase transparency around the financial risks businesses face due to climate change. It requires any US company with $500 million in revenue doing business in California to report its climate-related risks and how it plans to adapt to and mitigate them.
Good.Lab offers a comprehensive solution that allows businesses to report emissions across Scopes 1, 2, and 3. Additionally, our platform provides tools for assessing and disclosing climate-related financial risks, ensuring businesses meet the requirements of both bills.
Businesses will need to begin gathering emissions data in 2025 to meet the reporting requirements by 2026. Our platform ensures you’re prepared well in advance.
Both public and private companies operating in California with more than $1 billion in revenue are required to comply with SB 253. SB 261 is applicable to any corporation or business entity established under California laws or other US jurisdictions that have total annual revenues greater than $500,000,000 and operate in California (insurance companies are exempt).
Good.Lab’s platform integrates with leading third-party assurance providers, ensuring that your emissions reports are accurate, credible, and meet the highest standards.
This website use cookies. By continuing browsing, you agree to our Privacy Policy
