Companies doing business in California might have to report their carbon emissions soon. Two of the state’s landmark climate disclosure bills were approved by lawmakers last week, and Gov. Gavin Newsom said over the weekend he intends to sign them into law despite the need for “some cleanup on some little language.
Many companies already voluntarily report their carbon emissions upon investor demand, but it’s currently not required by law and there isn’t a standardized framework to do so. The California laws, if enacted, would be the first of their kind in the nation, and their repercussions would reach beyond the state’s borders.
Climate disclosure has long been a contentious topic. Climate policy advocates believe that transparency in greenhouse gas emission is essential for financial markets to evaluate a company’s role in climate change as well as the investment risk that comes with complacency.
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California sues oil companies over climate change, seeking billions and claiming decades of deceptionExxonMobil, Shell, Chevron, ConocoPhillips and BP knew risks and ignored them, Newsom says
แหล่ง: mercnews - 🏆 88. / 68 อ่านเพิ่มเติม »
California sues oil and gas companies over climate destructionCalifornia on Saturday filed a sweeping lawsuit against some of the world's largest oil and natural gas companies, blaming them for climate change-related destruction and demanding compensation.
แหล่ง: dcexaminer - 🏆 6. / 94 อ่านเพิ่มเติม »
California AG sues top 5 oil companies alleging decades-long false advertising campaignCalifornia Attorney General Rob Bonta announced Saturday that his office is suing the top five oil companies for allegedly misleading the public on climate change.
แหล่ง: KTVU - 🏆 465. / 53 อ่านเพิ่มเติม »
California governor says he will sign climate bill on companies and carbon footprintsApple and Microsoft have voiced support for the bill, but measures aimed at managing ESG factors have created controversy among U.S. politicians.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »
California suing oil companies for hiding climate change risksThe state of California is suing some of the largest oil and gas companies in the world, accusing them of over 50 years of deception. The lawsuit claims the companies covered up the risks fossil fuels posed to the environment and protected their profits over the health of the planet. California Attorney General Rob Bonta joined CBS News to discuss the lawsuit.
แหล่ง: CBSNews - 🏆 87. / 68 อ่านเพิ่มเติม »