California Takes First Step in Introducing Companies to ESG Reporting
CPA Practice
MARCH 4, 2024
In October 2023, California became the first state to pass regulations for reporting greenhouse gas emissions (GHGs). The regulations are outlined in two bills, the Climate Corporate Data Accountability Act (SB-253) and the Climate-Related Financial Risk Act (SB-261). These laws apply for both private and public U.S.
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