A new lawsuit filed by several business interest groups seeks to overturn two recent California laws relating to emissions disclosures (SB253) and climate-related financial risk disclosures (SB261), which would require thousands of covered companies to begin making disclosures as early as 2026. This Legal Update addresses the main arguments of the lawsuit, the initial reaction of the lead author of one of the laws, and insight into the basis of potential future challenges to other climate-related disclosure requirements.

Continue reading at Mayerbrown.com.