California has just set a new global benchmark for corporate climate accountability. The Climate Corporate Data Accountability Act (SB 253) & the Climate-Related Financial Risk Act (SB 261) together reshape how large companies disclose and manage their climate impacts with ripple effects far beyond the state’s borders.
The New Climate Disclosure Landscape
SB 253 requires companies doing business in California with over US$1 billion in annual revenue to publicly report their:
- Scope 1 and 2 greenhouse gas (GHG) emissions beginning in 2026
- Scope 3 (value chain) emissions beginning in 2027
SB 261, meanwhile mandates climate-related financial risk disclosures for entities with over US$500 million in revenue, with the first reports due by January 1, 2026.
Together, these two laws demand a new level of transparency, data integrity, and strategy alignment from companies operating or even just doing business in California.
How GreenFi Helps You Lead in Compliance
At GreenFi, we’ve built a unified sustainability platform that helps companies navigate and comply with SB 253 and SB 261 while also aligning seamlessly with major global ESG frameworks.
Here’s how we make it happen:
- Emissions Tracking & Calculation
Automated, audit-ready data capture for Scope 1, 2, and 3 emissions, integrated with your existing systems. - Risk & Strategy Dashboard
Model and disclose climate-related financial risks, aligned with SB 261 and leading standards such as the Task Force on Climate-related Financial Disclosures (TCFD). - Cross-Jurisdiction Coverage
Meet evolving disclosure requirements across the U.S., EU, Australia, and more all within one unified system. - Audit-Ready Disclosures & Assurance Readiness
Generate investor-grade, verifiable disclosures ahead of regulatory deadlines.
Turning Compliance into Competitive Advantage
Whether your company’s footprint extends across California, the U.S., or the global market, GreenFi equips you to move beyond compliance transforming reporting obligations into strategic insights and stakeholder trust.
Let’s Build Your Compliance Roadmap
Want to see how GreenFi aligns with SB 253 and SB 261 and prepares you for what’s next in ESG regulation?
Book a demo and let’s map your path to confident, future-proof compliance.
