Exxon sues California over new laws requiring corporate climate disclosures
BUSINESS
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Exxon sues California over new laws requiring corporate climate disclosures

ExxonMobil has sued in federal court challenging two California laws that would require companies to disclose greenhouse-gas emissions and climate-related financial risks. In a 30-page complaint filed in the Eastern District of California, the company argues SB 253 and SB 261 unlawfully compel speech, forcing it to promote a viewpoint it rejects. A spokesperson for Gov. Gavin Newsom said the measures have been upheld and expressed confidence, while a judge earlier denied a similar injunction sought by business groups. Supporters say the rules curb greenwashing; Exxon says they demand speculative and misleading disclosures.

Reviewed by JQJO team

#exxon #california #lawsuit #emissions #climate

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