December 7, 2025

New York Sets New Benchmark for Climate Transparency

New York Sets New Benchmark for Climate Transparency

New York State has taken a major step forward in operationalizing the Climate Leadership and Community Protection Act (CLCPA) with the release of final rules establishing a comprehensive greenhouse gas (GHG) emissions reporting program for large emitters. The New York State Department of Environmental Conservation (DEC) confirmed the new requirements this week, marking a significant expansion of the state’s climate accountability framework and creating one of the most rigorous emissions-tracking systems in the U.S.


A Statewide System to Identify and Track Major Emissions Sources


Under the finalized regulation, DEC will now require detailed, annual GHG emissions reporting from a wide set of economic sectors—covering power plants, industrial facilities, large buildings, oil and gas infrastructure, and other major polluters. The program is designed to give the state a complete, facility-level view of climate pollution sources and establish a consistent methodology for quantifying emissions, including carbon dioxide, methane, nitrous oxide, and fluorinated gases.


The reporting system also supports the CLCPA mandate to reduce statewide GHG emissions 85% by 2050. By centralizing emissions data, the DEC aims to identify high-impact reduction opportunities, improve regulatory targeting, and provide transparency for communities most affected by pollution.


Alignment With Leading Federal and State Reporting Efforts


The new program closely mirrors the U.S. EPA Greenhouse Gas Reporting Program (GHGRP) structure, but expands scope and granularity for sectors that contribute disproportionately to New York’s inventory—particularly buildings and methane-intensive activities. DEC emphasized that this alignment was intentional, reducing duplicative reporting obligations while ensuring state-level data accuracy remains strong.


Environmental Defense Fund (EDF) highlighted that New York’s rules now place the state at the forefront of sub-national emissions transparency, noting that robust measurement and verification are indispensable for meeting New York’s climate targets and ensuring that the state’s largest emitters are held to measurable progress.


Greater Accountability for High-Emitting Facilities and Methane Risks


A key emphasis of the new regulation is improved tracking of methane, which carries significantly higher near-term warming impact. The rules require facilities to use updated global warming potential (GWP) values and methodologies consistent with the CLCPA—resulting in emissions totals that more accurately reflect the climate impact of methane-heavy sectors.


By mandating transparent emissions disclosure, New York is also creating clearer public accountability. Communities, investors, and regulators will gain improved visibility into which facilities drive the most climate pollution and where decarbonization investments are most urgently needed.


Enabling Data-Driven Climate Policy and Investment Planning


With these rules final, New York can now establish a more robust foundation for future climate policies, including:

  • Targeted decarbonization measures across buildings, energy, and industrial sectors

  • More accurate statewide inventories to support progress tracking under the CLCPA

  • Improved climate-related financial risk analyses for utilities and other regulated sectors

  • Enhanced community engagement and environmental justice assessments


This enhanced GHG reporting framework also supports alignment with corporate disclosure expectations under frameworks such as the IFRS Sustainability Standards (ISSB S2), TCFD, and emerging U.S. SEC climate rules—meaning companies operating in New York may find value in integrating state reporting data into their enterprise-level climate reporting.


What Comes Next


The finalized rule takes effect following posting in the State Register, with the first reporting year beginning soon after. DEC will issue technical guidance, sector-specific instructions, and verification protocols to support regulated entities.


While the program focuses initially on major emitters, DEC indicated that future expansions could adjust sector thresholds or add additional data granularity as the state moves toward its 2030 and 2050 climate milestones.

Related blogs

Related blogs

IFRS S1: What you need to know

As sustainability considerations reshape business risks, investment flows, and regulatory expectations, organizations are under increasing pressure to disclose how environmental, social, and governance (ESG) factors affect their long-term financial health.

10 Mar, 2025

IFRS S1: What you need to know

As sustainability considerations reshape business risks, investment flows, and regulatory expectations, organizations are under increasing pressure to disclose how environmental, social, and governance (ESG) factors affect their long-term financial health.

10 Mar, 2025

IFRS S1: What you need to know

As sustainability considerations reshape business risks, investment flows, and regulatory expectations, organizations are under increasing pressure to disclose how environmental, social, and governance (ESG) factors affect their long-term financial health.

10 Mar, 2025

IFRS S1: What you need to know

As sustainability considerations reshape business risks, investment flows, and regulatory expectations, organizations are under increasing pressure to disclose how environmental, social, and governance (ESG) factors affect their long-term financial health.

10 Mar, 2025

IFRS S2: What you need to know

As the climate crisis reshapes the global business landscape, investors, regulators, and stakeholders are demanding more rigorous, transparent, and forward-looking climate disclosures.

17 Mar, 2025

IFRS S2: What you need to know

As the climate crisis reshapes the global business landscape, investors, regulators, and stakeholders are demanding more rigorous, transparent, and forward-looking climate disclosures.

17 Mar, 2025

IFRS S2: What you need to know

As the climate crisis reshapes the global business landscape, investors, regulators, and stakeholders are demanding more rigorous, transparent, and forward-looking climate disclosures.

17 Mar, 2025

IFRS S2: What you need to know

As the climate crisis reshapes the global business landscape, investors, regulators, and stakeholders are demanding more rigorous, transparent, and forward-looking climate disclosures.

17 Mar, 2025

ISSB: What you need to know

The International Sustainability Standards Board (ISSB) is shaping the future of sustainability-related financial disclosures by establishing a consistent global framework for ESG reporting.

24 March, 2025

ISSB: What you need to know

The International Sustainability Standards Board (ISSB) is shaping the future of sustainability-related financial disclosures by establishing a consistent global framework for ESG reporting.

24 March, 2025

ISSB: What you need to know

The International Sustainability Standards Board (ISSB) is shaping the future of sustainability-related financial disclosures by establishing a consistent global framework for ESG reporting.

24 March, 2025

ISSB: What you need to know

The International Sustainability Standards Board (ISSB) is shaping the future of sustainability-related financial disclosures by establishing a consistent global framework for ESG reporting.

24 March, 2025

Speak to someone in sales

Book a call with our team to explore how we can help you.

Contact to our team

Have a question? Reach out to us via email, and we’ll get back to you soon.

Send us a message

Book a call with our team to explore how we can help you.

Which framework(s) are you most interested in?

Speak to someone in sales

Book a call with our team to explore how we can help you.

Contact to our team

Have a question? Reach out to us via email, and we’ll get back to you soon.

Send us a message

Book a call with our team to explore how we can help you.

Which framework(s) are you most interested in?

Speak to someone in sales

Book a call with our team to explore how we can help you.

Contact to our team

Have a question? Reach out to us via email, and we’ll get back to you soon.

Send us a message

Book a call with our team to explore how we can help you.

Which framework(s) are you most interested in?

Speak to someone in sales

Book a call with our team to explore how we can help you.

Contact to our team

Have a question? Reach out to us via email, and we’ll get back to you soon.

Send us a message

Book a call with our team to explore how we can help you.

Which framework(s) are you most interested in?

Have questions? Feel free to reach out to us at support@lonereport.com

© 2025 LoneReport

Have questions? Feel free to reach out to us at support@lonereport.com

© 2025 LoneReport

Have questions? Feel free to reach out to us at support@lonereport.com

© 2025 LoneReport

Have questions? Feel free to reach out to us at support@lonereport.com

© 2025 LoneReport