California to Require Large Companies to Disclose Greenhouse Gas Emissions

California Gov. Newsom says he will sign bill requiring large corporations to disclose greenhouse gas emissions.
Legislation would mandate over 5,300 businesses that operate in California to report emissions data.
Bill requires reporting of Scope 1, 2, and 3 emissions, including from sources not owned by the company.
Newsom announced support day after filing lawsuit accusing oil companies of lying about climate change.
Would go beyond proposed SEC rules by also requiring private companies to disclose emissions.

thehill.com

Relevant topic timeline:

9/12/2023

California Passes Landmark Emissions Transparency Law for Large Companies

California lawmakers have passed legislation that would require major corporations to disclose their direct and indirect greenhouse gas emissions, aiming to increase transparency and drive companies to reduce their emissions.

9/13/2023

California Passes Nation's First Law Requiring Big Businesses to Disclose Carbon Emissions

California lawmakers have sent a bill to Governor Newsom's desk that would require all large businesses in the state to provide a detailed accounting of their carbon emissions, including their Scope 3, or supply chain emissions, with the bill being the first of its kind in the nation to require carbon emissions reporting.

10/1/2023

California Implements New Rules Requiring Large Companies to Disclose Emissions and Climate Risks

Californians are anticipating Governor Gavin Newsom's approval of two climate-focused bills that would compel large companies to disclose their greenhouse gas emissions and climate-related financial risks, potentially setting a trend for other states to follow suit.

10/9/2023

Newsom Signs Climate, Health Bills While Vetoing Caste Discrimination Ban

California Governor Gavin Newsom signed 324 bills into law, including new environmental regulations and the banning of four food additives, while vetoing 144 bills, including those related to caste discrimination and decriminalizing psychedelic drugs.

10/15/2023

California Tightens Cryptocurrency Rules With New Licensing Law

California Governor Gavin Newsom has approved a bill that enforces stricter regulations on cryptocurrency businesses, requiring them to obtain a license, maintain financial records, and be subject to audits from regulators.

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Posted 9/18/2023, 3:34:00 PM