A group of plaintiffs including BizFed filed a lawsuit Jan. 30 against the California Air Resources Board (CARB) challenging the state's so-called "Climate Accountability Package." This legislative package includes SB 253 and SB 261, which were both opposed by BizFed last year.
🚨 SB 253 requires companies to disclose direct and indirect emissions to CARB, including "Scope 3" emissions of upstream and downstream partners throughout their supply chains.
🚨 SB 261 requires companies to report their subjective climate-related financial risks, as well as the steps being taken to address those risks.
Historic regulatory overreach calls for historic advocacy action. This lawsuit marks the first time BizFed's Board of Directors has voted to take legal action against laws that require a breach of privacy and impossible vendor reporting. We signed on as a co-plaintiff in this case because the new laws in question compel speech in violation of the First Amendment. Both laws go far beyond the federal government's proposed climate disclosure rules.
Our co-plaintiffs include U.S. Chamber, California Chamber, American Farm Bureau, and BizFed Central Valley. Please click the links below to view our legal filing and joint press release. We'll keep you posted on developments as the case progresses and media coverage gains momentum.
OPEN FILING
PRESS RELEASE TO SHARE
Please contact sarah.wiltfong@bizfed.org with any questions.
Onward!
Tracy Hernandez
BizFed Founding CEO
