Tag

Emissions Reporting

All articles tagged with #emissions reporting

climate-change2 years ago

"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.

environment2 years ago

"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.