diff --git a/CHANGELOG.md b/CHANGELOG.md
index 06a8156e..3af5e28f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,14 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [1.2.3](https://github.com/rust-lang/cc-rs/compare/cc-v1.2.2...cc-v1.2.3) - 2024-12-06
+
+### Other
+
+- Improve detection of environment when compiling from msbuild or msvc ([#1310](https://github.com/rust-lang/cc-rs/pull/1310))
+- Better error message when failing on unknown targets ([#1313](https://github.com/rust-lang/cc-rs/pull/1313))
+- Optimize RustcCodegenFlags ([#1305](https://github.com/rust-lang/cc-rs/pull/1305))
+
 ## [1.2.2](https://github.com/rust-lang/cc-rs/compare/cc-v1.2.1...cc-v1.2.2) - 2024-11-29
 
 ### Other
diff --git a/Cargo.toml b/Cargo.toml
index 8dded2d5..2ca35c82 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cc"
-version = "1.2.2"
+version = "1.2.3"
 authors = ["Alex Crichton <alex@alexcrichton.com>"]
 license = "MIT OR Apache-2.0"
 repository = "https://github.com/rust-lang/cc-rs"