Large businesses in California will have to disclose a wide range of planet-warming emissions under a new law Gov. Gavin Newsom signed Saturday — the most sweeping mandate of its kind in the nation.
The law requires more than 5,300 companies that operate in California and make more than $1 billion in annual revenues to report both their direct and indirect emissions. That includes things like emissions from operating a building or store as well as those from activities like employee business travel and transporting their products.
The law will bring more transparency to the public about how big businesses contribute to climate change, and it could nudge them to evaluate how they can reduce their emissions, advocates say. They argue many businesses already disclose some of their emissions to the state.
Seems like a big oil shill downvote bot army hit this comment section. Jfc.
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I’d be willing to bet a dairy farm makes more emissions than the fossil fuel industry under the math they are using. Recycle you guys…. Pshhh, we are fucked
I appreciate the spirit of this, but how can a business pull this off. Seems like this would be hard as fuck to sum up. Fricking everything emits carbon.
Edit: I’m not trying to be a nay sayer. I’m honestly curious about how a business does this. Functionally, who do you need to hire, what processes need to be implemented, how do you work with vendors, are there short hand numbers that you can use to guesstimate output, is guesstimating even ok, etc?
It is not easy but mostly takes time and acutal bookkeeping. Any honest business can do it. But yes all activities generate emissions.
Sounds like job creation to me
I wouldn’t mind more public jobs and data on which companies to try to avoid. If emissions finally effect a companies bottom line, there is incentive to minimize them.
Apple already does it.
Yeah, that’s pretty cool. I’m more curious about the nitty gritty details of how you actually pull this off as a business. AKA, the teams, processes, and governance that you need to put into place.
Does anyone here have any experience with that? I’m genuinely curious about how this works.
There are a lot of internationally recognized calculations and reporting methods and companies can hire consultants who can estimate the emissions in their end to end supply chains.
There are also calculators online that can give an example on what elements are considered, e.g. the below from UN.
