California Governor Signs Climate Disclosure Bills, but Pushes Back on Timeline and Cost
ESG Today
OCTOBER 9, 2023
As passed in the Assembly, SB 253 ’s disclosure obligations would begin in 2026 for Scope 1 and 2 emissions, and in 2027 for Scope 3 emissions, with measurement and reporting to be performed according to the Greenhouse Gas Protocol standards. Newsom’s statement follows recent comments by the U.S. SB 261 applies to U.S.
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