Environmental & Energy
Oct. 27, 2025
ExxonMobil sues to block California's new climate disclosure laws
Oil giant argues SB 253 and SB 261 compel speech and conflict with federal securities rules. A prior challenge by the U.S. Chamber of Commerce failed to win an injunction.
Exxon Mobil Corp. has filed a federal lawsuit seeking to halt two of California's landmark climate-disclosure statutes, arguing the measures unlawfully compel speech and are preempted by federal securities law.
In the complaint filed Friday, Exxon targeted SB 253, which requires companies with over $1 billion in revenue that do business in California to publicly report global greenhouse-gas emissions, and SB 261, which mandates that companies with over $500 million in revenue ...
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