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California Passes Landmark Corporate Climate Transparency Bills

SB 253 and SB 261 would be first-in-the-nation laws meant to pull back the curtain on emissions and climate risks.

After a hard-fought battle, the California Legislature passed the second of two nation-leading corporate climate accountability bills yesterday afternoon. The bills, SB 253 and SB 261, are important transparency measures that would, for the first time, allow Californians to meaningfully assess the carbon footprint of thousands of companies—and what those companies plan to do about …

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U.S. state insurance regulators take step toward addressing climate risk

I’ve spent some time over the past two years studying the relationship between the insurance industry and climate change. Yesterday there was an important development in this area: the National Association of Insurance Commissioners (NAIC) , the group of state regulators that collectively regulate insurance in the U.S., adopted for the first time a requirement that large insurers …

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