Posted 9/17/2023, 9:18:07 PM

Newsom to Sign Landmark Climate Disclosure Bill for California Companies

California Gov. Newsom says he will sign major climate disclosure bill CA SB253 requiring large companies to report scopes 1, 2, 3 emissions.
Bill would cover over 5,000 companies doing business in California, going beyond proposed federal SEC climate disclosure rules.
Related bill CA SB261 would force large corporations to disclose climate-related financial risks.
Newsom made comments at climate event in New York City during Climate Week and UN gathering.
Bill aims to tackle climate crisis, increase corporate transparency on emissions and financial risks.

politico.com

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