The Greenhouse Gas (GHG) Protocol is a set of standards and related guidance on accounting for and reporting GHG emissions. Its ongoing development, which has spanned more than two decades, represents the work of a multistakeholder partnership (the “GHG Protocol organization”) consisting of businesses, nongovernmental organizations (NGOs), governments, and other entities convened by the World Resources Institute (WRI), a U.S.-based environmental NGO, and the World Business Council for Sustainable Development (WBCSD), a Geneva-based coalition of nearly 200 international companies. The timeline below illustrates the issuance dates of key GHG Protocol standards and related guidance.
The author of AB-1305, California State Assembly Member Jesse Gabriel, sent a letter to the chief clerk of the assembly to clarify his intent related to the timing of disclosures required under AB-1305. While the effective date of AB-1305 remains January 1, 2024, Mr. Gabriel’s letter may affect enforcement decisions by the California attorney general. Companies should continue to consult with their legal advisers regarding how to approach the disclosure requirements in AB-1305 and the January 1, 2024, effective date.