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Newsom to sign corporate climate accountability bills (calmatters.org)

 

Gov. Gavin Newsom signs a number of climate-related bills at a press conference at the USDA Forest Service Regional Office on Mare Island in Vallejo on Sept. 16, 2022. Photo by Martin do Nascimento, CalMatters

To read more of Sameea Kamal's article, please click here.



California’s governor doesn’t typically comment on legislation — something he reiterated during a talk on stage at Climate Week NYC on Sunday. Except when he does.

At the summit, Gavin Newsom commented in a very public way that he will sign two landmark climate accountability bills that the Legislature sent to his desk last week: Senate Bills 253 and 261, authored by Democratic Sens. Scott Wiener and Henry Stern, respectively.

The bills, which were approved by the Legislature last week, require 5,300 companies that do business in California and have revenues exceeding $1 billion to disclose their greenhouse gas emissions and their financial risks from climate change. CalMatters climate reporter Alejandro Lazo reported in June that the legislation would force the companies — from Amazon to Bank of America to WalMart — to reveal their complete carbon footprint, even emissions from their suppliers and the consumers who use their products.

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