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New California Legislation Would Be a Major Step Forward for Climate Disclosure

Law Columbia

It would require standardized reporting of GHG emissions (primarily carbon dioxide and methane) by firms doing business in California with total annual revenues more than $1 billion. [19] The vote on it was 24-9. Scope 2 emissions are those attributable to producing the energy (principally electricity) that the company buys.

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President Biden Outlines Comprehensive Plan for Federal Sustainability

Clean Energy Law

On December 8, 2021, President Biden issued an Executive Order on Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability (EO), which aims to set the federal government — the largest purchaser in the country with an annual purchasing power of $650 billion — on a path to net zero emissions by 2050.