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Emissions Disclosure

All articles tagged with #emissions disclosure

environment2 years ago•3 min saved

"California Takes the Lead in Climate Disclosure and Policy Implementation"

California Governor Gavin Newsom has signed a new law requiring large businesses in the state to disclose their planet-warming emissions, making it the most comprehensive mandate of its kind in the US. The law applies to over 5,300 companies with annual revenues exceeding $1 billion and requires them to report both direct and indirect emissions, including those from building operations, employee travel, and product transportation. Advocates argue that the law will increase transparency and encourage businesses to reduce their emissions, while opponents claim it will burden companies and duplicate federal efforts. The law is set to be implemented by 2027.

via The Associated Press|

#big-businesses #california #climate-change

environment2 years ago•3 min saved

"California Enacts Emission Disclosure Law for Big Businesses"

California Governor Gavin Newsom has signed a new law requiring large businesses in the state to disclose their planet-warming emissions. The law applies to over 5,300 companies that generate more than $1 billion in annual revenues and mandates the reporting of both direct and indirect emissions. Supporters argue that the law will increase transparency and encourage businesses to reduce their emissions, while opponents claim it will burden companies and duplicate federal standards. California has been at the forefront of climate policy, and this law is seen as a significant step towards addressing climate change.

via Yahoo Finance|

#big-businesses #california #climate-change

environment2 years ago•5 min saved

"California Sets New Standard with Sweeping Emissions Disclosure Rules for Big Business"

California lawmakers have passed legislation that would require major corporations, including oil and gas companies and retail giants, to disclose their direct and indirect greenhouse gas emissions. The bill aims to increase transparency and encourage companies to evaluate ways to reduce their emissions. The legislation, which still needs final approval from the state Senate and Governor Gavin Newsom, has garnered support from companies like Patagonia and Apple, as well as climate experts. However, opponents argue that the bill is burdensome and could lead to higher prices for consumers. If approved, the legislation could set a precedent for other states and potentially influence federal regulations on emissions disclosure.

via Yahoo News|

#california #climate-crisis #corporate-transparency