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Efforts to Align California and EU Climate Disclosure Rules

Original: Aligning California and EU Climate Disclosure Mandates

Regulators and companies are examining how California's climate disclosure laws and the EU's sustainability reporting requirements can be aligned, as both impose mandatory emissions and climate-risk reporting on large businesses. Accounting and compliance professionals note that overlapping but differing mandates create complexity for multinational firms, prompting calls for greater interoperability between the two regimes to reduce duplicative reporting burdens.

Why now: Businesses face new climate disclosure obligations on both sides of the Atlantic and want clarity on how the rules fit together.

CaliforniaEuropean UnionCPA Journal

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• Aligning California and EU Climate Disclosure Mandates · The CPA Journal

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