The U.S. Chamber of Commerce and the American Farm Bureau Federation led a coalition of businesses in filing a lawsuit to block one of California's most important climate legislation!
This lawsuit aims at blocking California’s two landmark corporate climate disclosure laws, which will require businesses to disclose their carbon footprint and climate-related financial risks and their Scope 3 emissions generated throughout their value chains.
“Why is the Chamber of Commerce working so aggressively to block basic transparency for the public? We know the answer,” State Senator Scott Wiener said. "[...] The Chamber is taking this extremist legal action because many large corporations — particularly fossil fuel corporations and large banks — are absolutely terrified that if they have to tell the public how dramatically they’re fueling climate change, they’ll no longer be able to mislead the public and investors.”
When will businesses stop acting against climate actions? European businesses will do it, why can't US businesses?
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43 w
Sad to see the business community acting this way
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This lawsuit could have significant implications for corporate climate transparency and accountability.
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43 w
A very bad precedent that should not have time in the courts
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43 w
This is a bad call that is going to hinder responsibility and accountability in making this regulations and policies work.
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Dear Marine Stephan Your climate warning has received over 50 agrees! We have reached out to U.S. Chamber of Commerce 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
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43 w
Yet another attempt by vested interests to hinder climate progress :(
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43 w
This is not good and it is a bad move ahead climate justice
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Regardless of the lawsuit's outcome, a dialogue between businesses, policymakers, and stakeholders is crucial.
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43 w
Addressing climate change and fostering sustainability requires a combination of policy measures, corporate actions, and individual efforts. Its very unfortune such an institution can IGNORE this truth.
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One wonders, why would they take such a backward step?
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43 w
That's so stupid it can't be true....
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43 w
OMG... so disappointing.
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43 w
What a bad move. Transparency is so important for accountability and comparability.
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43 w
@markus_lutteman_982 i second that