(S&P Global) Corporations with more than $1 billion in annual revenue would be required to disclose all scopes of their greenhouse gas emissions to the California Secretary of State’s office under a first-of-its-kind bill the state Senate passed Jan. 26.
The Climate Corporate Accountability Act now goes to the lower legislative chamber, known in California as the Assembly, for committee work before a final version is produced and forwarded to Democratic Gov. Gavin Newsom for a signature. Corporations with more than $1 billion in annual revenue would be required to disclose all scopes of their greenhouse gas emissions to the California Secretary of State’s office under a first-of-a-kind bill the state Senate passed Jan. 26.
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