Senator Wiener's Statement on SB 260, Climate Corporate Accountability Act, Failing to Pass Assembly

Senator Scott Wiener (D-San Francisco) released the following statement regarding Senate Bill 260, the Climate Corporate Accountability Act (CCAA), which tonight failed on the Assembly floor by a single vote. SB 260 would have been the first law in the country to require U.S.-based companies — those doing business in California and generating over $1 billion in gross annual revenue — to disclose all of their greenhouse gas emissions.

"SB 260 was about basic corporate transparency, requiring the largest corporations in the world to disclose their carbon footprint. This important anti-greenwashing bill would have ensured that large corporations could no longer portray themselves as green if they were not. 

"Tragically, the bill fell one vote short on the Assembly floor, after having passed the Senate. I'm deeply disappointed in this result. If we want to avoid a full climate apocalypse, we need to understand corporate pollution – all the way down the supply chain.

"Now is not the time for half-measures. We are literally running out of time to reverse the worst impacts of climate change, and we must be willing to take bold climate action – for ourselves, our children, and our grandchildren. If we want a sustainable and livable future, there is no other way.

"SB 260 was common-sense legislation supported by large corporations like IKEA, Patagonia, Sierra Nevada Brewing Company and many more. This shouldn't have been a controversial bill; it was a practical solution to ensure we have the information we need about corporate emissions. We can't fix what we don't understand, and SB 260 would've helped Californians understand exactly how much carbon corporations are emitting. 

"This groundbreaking legislation was just shy of passage, and we won't give up. I am very likely to reintroduce SB 260 next year. I will never stop fighting for the future of our planet."

Senator Scott Wiener | https://www.senate.ca.gov