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Gavin Newsom

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California leads the way in climate accountability with law requiring big firms to reveal carbon emission

Once again, California is leading climate action. The State has taken a significant step in climate accountability by signing into law a groundbreaking measure requiring large companies, even global corporations operating in the State, to disclose their carbon emissions. Governor Gavin Newsom's signature on this legislation, known as SB 253 is seen as a milestone for climate transparency and climate responsibility.
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Under SB 253, California regulators must establish emission reporting rules by 2025 for public and private companies with annual revenues exceeding $1 billion, affecting approximately 5,300 corporations, including industry giants like Chevron, Wells Fargo, Amazon, and Apple.
Starting in 2026, these companies will have to publicly disclose their operational and electricity-related carbon emissions. By 2027, they must also report emissions from their supply chains and customers or "scope 3" emissions. Obviously, this provision created a bit of panic within business circles, particularly among fossil fuel interests.
Complementary legislation, SB-261, requires businesses with annual revenues over $500 million to disclose climate-related financial risks by 2026, under threat of annual penalties. Importantly, both bills will make this new data available beyond California's borders, potentially revolutionising climate transparency on a national scale.
Despite strong opposition from the state's chamber of commerce and the influential oil lobby 🤡 tech giants such as Apple, Google, and Salesforce and engaged companies like Ikea and Patagonia, back the legislation. This is pretty exciting for the future of climate accountability!



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16 more agrees trigger social media ads

  • Ocean Community

    34 w

    after listening to Gavin during climate week and his commitment to climate action and awareness about the ocean, playing a key role and taking a huge hit in this battle, we would go even further and say Gavin Newsom for president 🥳🎉💙🌊

    3
    • Esther Wanjiku

      35 w

      A great job by the state of California

      2
      • Kevin

        35 w

        Bravo to California

        2
        • We Don't Have Time

          35 w

          Dear Sarah Chabane Your climate love has received over 50 agrees! We have reached out to Gavin Newsom by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

          2
          • Edwin wangombe

            35 w

            Way to go California... This serves as a good example

            2
            • George Kariuki

              35 w

              This is a positive development for climate accountability.

              2
              • walter lungayi

                35 w

                This law in California is a positive step towards holding big firms accountable for their carbon emissions. By requiring them to reveal their emissions, it promotes transparency and encourages companies to take action towards reducing their carbon footprint. It sets a precedent for other states and countries to follow in addressing the urgent issue of climate change.

                1
                • Patrick Kiash

                  35 w

                  Exciting, Encouraging, and the way to go despite strong opposition from all corners,continue inspiring many out there with great actions you do today!

                  6
                  • rosebellendiritu

                    35 w

                    @patrick_kiash they are doing good by defying all odds and dong the best

                    1
                  • Ingmar Rentzhog

                    35 w

                    This is so good! Gavin Newsom is a true leader!

                    3
                    • CHRIS NGATIA

                      35 w

                      This is a great move ... It should be an example to other countries

                      4
                      • Majdi Alnajjar

                        35 w

                        Investing in the waste 💡💡

                        2
                        • Gorffly mokua

                          35 w

                          This is inspiring! This is the way to go.

                          4
                          • Jane Wangui

                            35 w

                            Well done California. Whatever come may,we must reduce the carbon emissions in our environment.Peoples health is at stake.

                            5
                            • Elizabeth Gathigia

                              35 w

                              A bold move, other states should learn from California

                              12
                              • Erin

                                35 w

                                Incredible! Go California

                                12
                                Welcome, let's solve the climate crisis together
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