XBRL US submitted a letter to New York State Senator Pete Harckham expressing support for Senate Bill 9072, Climate Corporate Data Accountability. S9072 calls for the reporting of greenhouse gas (GHG) emissions by organizations with over $1 billion in annual revenue that do business in the State of New York. Since its introduction earlier this year, the bill has passed the Senate and moved on to the New York State Assembly.
The XBRL US letter explains our support for the legislation and encourages legislators to consider including language in the bill requiring emissions data to be reported in dgital, machine-readable format (XBRL) to minimize duplication of effort, align with reports prepared following the IFRS Sustainability Standards Board requirements, and produce more comparable, consistent, data that is less costly to generate and consume.
Read the letter: XBRL US Supports NY Climate Legislation
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