Bill > S09072

This bill, known as the Climate Corporate Data Accountability Act, requires certain large business entities operating in New York with over one billion dollars in total revenue to annually disclose their greenhouse gas emissions. These emissions are categorized into three scopes: Scope 1 (direct emissions from sources owned or controlled by the company), Scope 2 (indirect emissions from purchased electricity, steam, heating, or cooling), and Scope 3 (other indirect upstream and downstream emissions, such as those from purchased goods, business travel, and employee commutes). The bill mandates that these disclosures follow established standards like the Greenhouse Gas Protocol and be subject to independent third-party assurance, with increasing assurance levels for Scope 1 and 2 emissions over time. The collected data will be made publicly available through a digital platform managed by an emissions reporting organization, and the bill also establishes the Climate Accountability and Emissions Disclosure Fund to cover the costs of administering this program, funded by annual fees paid by the reporting entities.

Agriculture and Natural Resources, Budget and Finance, Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/S9072