CARB issues/updates Notice of Public Hearing for initial SB 253/SB 261 implementing regulation package (rulemaking proceeding)

CARB published a Notice of Public Hearing for the proposed initial regulation package implementing California’s corporate climate disclosure programs, including the SB 261 Climate-Related Financial Risk Act components. This is a formal rulemaking step that opens/frames stakeholder participation in CARB’s development of implementing regulations (e.g., definitions, program administration, and related procedural details). Compliance teams should monitor the rulemaking docket and hearing process for any changes that could affect SB 261 applicability interpretations, administrative processes, or future compliance expectations (noting SB 261’s separate statutory reporting obligation and litigation-related enforcement posture discussed in other CARB materials).