The law, which California Gov. Gavin Newsom (D) signed Oct. 7, will go beyond California’s borders by requiring public and private companies with annual revenues over $1 billion that do business in the state to disclose their direct and indirect greenhouse gas emissions. Companies are getting ready by talking to auditors, lawyers and contractors in their supply chains to set their annual reporting in motion.
For some businesses starting from scratch—unlike Patagonia—there’s a long road ahead in both seeking pertinent data and determining how they can use those disclosures to showcase or make changes to their business.
Source: California Climate Disclosure Rule Spurs Supply Chain Overhaul
