California’s first-in-the-nation climate disclosure legislation sets new standard for corporate transparency

Ceres applauds the California State Assembly for voting to approve first-in-the-nation transparency into the climate impacts of the largest corporations for investors, consumers, employees, and communities.  The Assembly today passed the first of two proposed bills related to corporate climate disclosure: SB 253, which will require companies that do business in California and earn at least $1 billion annually to report climate pollution across their supply and value chains. The Assembly is expected to vote later this week on the second bill, SB 261, which will require companies with revenue…

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