Lawmakers backing the bill say a large number of companies in the state already disclose some of their own emissions. California’s climate disclosure bill would be different because of all the indirect emissions companies would have to report. But the California bill would go beyond that, by mandating that both public and private companies report their direct and indirect emissions. Companies would have to report indirect emissions including those released by transporting products and disposing waste. Companies would have to begin publicly disclosing their direct emissions annually in 2026 and start annually reporting their indirect emissions starting in 2027.

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Persons: Chris Ward, Christiana Figueres, Gavin Newsom, Newsom, Sen, Scott Wiener, “, ”, Brady Van Engelen, Danny Cullenward, Cullenward, it’s, Mary Creasman, ___ Sophie Austin, Austin @sophieadanna Organizations: —, Democratic, Apple, United Nations, Democratic Gov, Lawmakers, administration’s Department of Finance, San, San Francisco Democrat, National Conference of State Legislatures, U.S . Securities, Exchange Commission, Companies, California Chamber of Commerce, Western States Petroleum Association, California Hospital Association, University of Pennsylvania’s, Center for Energy Policy, California Environmental Voters, California Air Resources Board, Wiener, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, Patagonia, Christiana, Paris, San Francisco, Ceres, ”