
Bio Capital
Bio Capital is the largest biogas producer in the UK by MWh, currently operating a portfolio of 11 anaerobic digestion (AD) facilities nationwide. The AD
Are you at a public or private corporation operating in California with revenues over $500 million? According to SB-219, you may have to comply with the recently updated climate disclosures specified in SB-253 and SB-261.
Grain can work with you to answer these questions.
Bio Capital is the largest biogas producer in the UK by MWh, currently operating a portfolio of 11 anaerobic digestion (AD) facilities nationwide. The AD
AD Branded Solutions, based in Manchester, provides branded merchandise and promotional products. The company has implemented various sustainability initiatives and certifications. These include ISO 14001,
GL Education is an assessment provider working with schools in the UK and internationally. The organisation focuses on ‘improving student outcomes through better assessment’ and
SB-219 is the abbreviation for Senate Bill 219. It was signed into law in October 2024 and makes significant amendments to California’s climate disclosure law established in SB-253 (Climate Corporate Data Accountability Act) and SB-261 (Climate-Related Financial Risk Disclosure Act).
It strengthens corporate climate reporting standards aligning California with global best practises ensuring comprehensive reporting on greenhouse gas (GHG) emissions and climate-related risks.
These pieces of legislation apply to public and private companies operating in California that have annual revenues over $1 billion for SB-253 and between $500 million and $1 billion for SB-261.
Companies will need to comply with SB-261 by the 1st of January 2026 and report their 2026 Scope 1 and 2 emissions under SB-253. They will need to also include Scope 3 emissions by a date specified by the California Air Resource Board (CARB) at the time of initial submission.
SB-219 is meant to significantly enhance the visibility of corporate GHG emissions, helping investors, regulators, and stakeholders evaluate companies’ climate impacts and risk exposure.
SB-253 (Climate Corporate Data Accountability Act) expects companies to report their Scope 1 (direct), Scope 2 (indirect from purchased electricity, steam, heating, and cooling) and Scope 3 (value chain) emissions, demanding rigorous transparency across all scopes. Further regulation around these disclosures will come into force on July 1, 2025.
SB-261 (Climate-Related Financial Risk Disclosure Act) requires climate risk disclosures in line with the Task Force on Climate-Related Financial Disclosures (TCFD). TCFD is a globally recognised framework, emphasizing physical risks, transition risks, and financial impacts of climate change.
Grain helps clients comply with SB-253 and SB-261. We provide support in measuring a full annual or multi-year carbon footprint (calculations and report including scopes 1, 2, and 3) and help with the creation of a credible carbon reduction plan.
We can also help your business to effectively disclose climate-related risks according to the TCFD framework.
Get in touch today to see how we can help!
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