Exxon

Lawsuit filed over climate disclosure laws Exxon’s lawsuit is the first major test of California’s bold climate disclosure mandates. According to Reuters, Exxon Mobil sued the state on Oct. 25, 2025, “challenging two state laws that require large companies to publicly disclose their greenhouse gas emissions and climate-related financial risks” reuters.com. The lawsuit names California and its air‐resources board, and asks a federal court to block both SB 253 and SB 261 from taking effect. Exxon’s complaint argues that the laws compel speech: “the First Amendment bars California from pursuing a policy of stigmatization by forcing Exxon Mobil to describe its non-California business