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Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Authors: Gabriela Payne, CPA On September 14, 2023, California’s Legislature approved a landmark Senate Bill 253/Climate Corporate Data Accountability Act, which is expected to have global impacts on corporate climate accountability. Below we share what we believe to be their best answers: What Is Carbon Accounting?

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California Adopts New Rule on Climate Disclosures for Corporations

Cherry Bekaert

On September 14, 2023, California’s Legislature has recently approved a landmark climate disclosure bill, Senate Bill 253, which is expected to have global impacts on corporate climate accountability. The bill, also known as the Climate Corporate Data Accountability Act (CCDAA), will require more than 5,000 U.S.

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Navigating California’s SB 253 and SB 261: What Companies Need to Know 

Withum

On October 7, 2023, California Governor Newsom signed SB 253 and SB 261 , collectively known as the “California Climate Accountability Package,” into law. What It Means for Companies Starting in 2026, companies must report their Scope 1 & 2 emissions for the previous year. By 2027, Scope 3 emissions reporting kicks in.

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Global Automotive Blockchain Revving Up?

PYMNTS

billion by 2026. The bank had filed documentation at mid-month with the Shanghai Clearing House, in turn stating that the securities would be backed with portfolios of corporate account receivables. That represents a compound annual growth rate (CAGR) of 65.8 percent, as measured from 2018.