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Apple endorses California bill to oblige companies to report carbon footprint

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By Isla Binnie NEW YORK (Reuters) - Apple has endorsed a California Senate bill that would require large companies to report the levels of greenhouse ...

It's easy to spot a member | SaltWireNEW YORK - Apple has endorsed a California Senate bill that would require large companies to report the levels of greenhouse gases they emit every year, the senator proposing the measure said, making it the latest major company to do so.

Wiener's bill would require public and private companies with annual revenue in excess of $1 billion who do business in traditionally climate-conscious California to disclose independently verified data on their planet-warming emissions. A separate bill under discussion would require companies operating in California, with $500 million in revenue, to report on climate-related financial risks such as whether they have budgeted for increased compliance and insurance costs.Groups including Adobe, Ikea and Microsoft stated their support for Wiener's bill in a letter addressed to California officials in August, according to a copy posted online by activist group Ceres.

 

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Apple endorses California bill to oblige companies to report carbon footprintApple has endorsed a California Senate bill that would require large companies to report the levels of greenhouse gases they emit every year, the senator proposing the measure said, making it the latest major company to do so. 'Throughout our environmental journey, we've emphasized the importance of measurement and reporting to help us understand our impact,' said the letter, signed by Apple's director for state and local government affairs D. Michael Foulkes, a copy of which Senator Scott Wiener posted on Thursday to X, formerly known as Twitter. Wiener's bill would require public and private companies with annual revenue in excess of $1 billion who do business in traditionally climate-conscious California to disclose independently verified data on their planet-warming emissions.
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