"Apple Backs California Climate Bill for Stringent Emissions Reporting"

Apple has expressed its support for a California climate bill that proposes strict emissions reporting. The bill, introduced by California state senator Scott Wiener, would require companies with annual revenues exceeding $1 billion to publicly disclose their greenhouse gas emissions. Apple believes that emissions disclosures should include Scope 3 emissions, which come from a company's supply chain and are difficult to track. The company also supports third-party oversight of emissions reporting. This comes as federal regulators in the US are considering requiring corporate climate disclosures, and Apple suggests the need for parallel standards to minimize duplicative reporting.