California to Require Large Companies to Report Carbon Emissions
-
California Governor Gavin Newsom says he will sign a bill requiring large companies to report their carbon emissions, including from their suppliers.
-
The law will apply to companies with over $1 billion in annual revenue, affecting over 5,300 businesses.
-
California would be the first U.S. state to mandate corporate carbon accounting.
-
Newsom touted California's leadership on climate issues, saying the future happens there first.
-
Newsom thanked Apple, Salesforce and other large companies that supported the climate disclosure regulations.