California disclosure bill should ‘stiffen the SEC’s resolve’, says state senator

California state senator Scott Wiener tells Sustainable Views that he expects other states – and the US Securities and Exchange Commission – to pick up the baton, following the anticipated approval of his landmark emissions disclosure bill

The passing through California’s state assembly of bill SB 253  – which will compel large companies active in the state to disclose their carbon emissions – will embolden the US Securities and Exchange Commission’s own efforts to improve companies’ climate disclosures, according to state senator Scott Wiener.