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California Adopts New Rule on Climate Disclosures for Corporations

Cherry Bekaert

The bill, also known as the Climate Corporate Data Accountability Act (CCDAA), will require more than 5,000 U.S. corporations earning over $1 billion and doing business in California to annually report their global emissions of carbon dioxide and other planet-warming gases.

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

Withum

What It Means for Companies Starting in 2026, companies must report their Scope 1 & 2 emissions for the previous year. The reporting aligns with the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard and its Scope 3 counterpart. The new reporting mandates will kick in starting 2026.

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Carbon Accounting Frequently Asked Questions (FAQs)

Cherry Bekaert

Under California Senate Bill 253, companies have to start reporting emissions and energy usage in 2026, but companies won’t be penalized for mistakes in reporting until 2030. Yes, the Greenhouse Gas Protocol is the global carbon emissions accounting standard. When Do These ESG Compliance Standards Go Into Effect?

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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.