"California Enacts Groundbreaking Law Requiring Climate Impact Disclosures"

California's Legislature has passed a bill that would require large companies to disclose their annual emissions of greenhouse gases, making it the first state in the US to do so. If signed into law by Governor Gavin Newsom, about 5,300 corporations earning over $1 billion and doing business in California would be required to report their global emissions, including indirect sources such as supply chains and consumer use of their products. The aim is to hold companies accountable for their role in climate change and increase corporate transparency on emissions.