Establishes the climate corporate data accountability act requiring certain business entities to annually disclose scope 1, scope 2, and scope 3.

The bill establishes the climate corporate data accountability act, requiring certain business entities within New York to annually disclose their scope 1, scope 2, and scope 3 emissions. Scope 1 emissions are direct greenhouse gas emissions, scope 2 emissions are indirect emissions from consumed electricity, steam, heating, or cooling, and scope 3 emissions are indirect upstream and downstream emissions. The Department of Environmental Conservation will adopt regulations to implement this requirement, including the use of Greenhouse Gas Protocol standards.

Establishes the climate corporate data accountability act requiring certain business entities to annually disclose scope 1, scope 2, and scope 3.

The bill establishes the climate corporate data accountability act, requiring certain business entities within New York to annually disclose their scope 1, scope 2, and scope 3 emissions. Scope 1 emissions are direct greenhouse gas emissions, scope 2 emissions are indirect emissions from consumed electricity, steam, heating, or cooling, and scope 3 emissions are indirect upstream and downstream emissions. The Department of Environmental Conservation will adopt regulations to implement this requirement, including the use of Greenhouse Gas Protocol standards.