Tech giants, including Salesforce.com, Apple and HP, are joining calls for uniform regulations requiring corporations to disclose their greenhouse gas emissions, citing a need for consistent, comparable and reliable data.
President Joe Biden last month announced a U.S. target for halving emissions from 2005 levels by the end of this decade. More than 300 businesses working with Ceres, a sustainable investing nonprofit, wrote to the administration to back that target. Achieving such a reduction so quickly requires data that can be compared across industries, business sectors and geography, they said.
“Disclosure is an important tool in the fight against climate change,” said Arvin Ganesan, Apple’s global head of energy and environmental policy. “Measuring and mapping carbon emissions enables companies to understand their footprint, develop strategies to reduce emissions and, ultimately, achieve decarbonization.”
Ganesan’s statement, which Apple Vice President and former EPA Administrator Lisa Jackson posted in an April 13 tweet, marked the first time a major U.S. public company backed climate disclosure rules, according to sustainable investing advocate Ceres.
The Securities and Exchange Commission should require companies to disclose emissions, as audited by a third party, Ganesan said. He met with agency officials on April 15 and discussed climate reporting, according to an agency memo. Apple voluntarily reports emissions data.