Emissions Reporting Fight in Last Push in California Legislature

California lawmakers are making a final push this session to pass measures that would require thousands of companies doing business in the state to report on greenhouse gas emissions and climate-related financial risks—going beyond federal efforts in the space.

Proponents are attempting to position the Golden State as a bulwark against business efforts to stop emissions reporting requirements being undertaken by the Securities and Exchange Commission. Their efforts would go further by applying requirements to both public and private companies, a move that has triggered major lobbying in opposition.

One bill (S.B. 253) would require companies doing business ...