In January 2026, the CCDAA was introduced in the New York State Senate. The CCDAA then passed the New York State Senate on 10 February 2026 and now moves to the Assembly for consideration before heading to the Governor\u2019s desk.\u00a0<\/p>\n
If enacted, the Act would amend the Environmental Conservation Law by adding a new Article 74 and would also amend the State Finance Law to establish the Climate Accountability and Emissions Disclosure Fund.<\/p>\n
The law would require entities doing business in New York that meet the revenue threshold to annually publicly disclose their Scope 1 and Scope 2 greenhouse gas (\u201cGHG\u201d) emissions starting in 2028 and Scope 3 GHG emissions starting in 2029.<\/p>\n
Reporting entities would be required to measure and report emissions in conformance with the GHG Protocol and the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard.\u00a0<\/p>\n
All reported data would be published on a centralised digital platform, making disclosures publicly accessible and allowing investors, regulators, and other stakeholders to review and compare corporate climate performance.<\/p>\n
Unlike California\u2019s dual-bill framework, the CCDAA covers only GHG emissions disclosures. It does not include a separate climate-related financial risk reporting component equivalent to California\u2019s SB 261.\u00a0<\/p>\n
The bill is currently pending in the New York State Assembly and has not yet been signed into law.<\/p>\n