Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Thomas: California climate mandates require long-term Scope 3 emissions reporting

Mallory Thomas · Digging into the SEC climate disclosure rules · Mar 21, 2024 · at 7:21

Mallory Thomas contrasts the SEC's climate rule with California's state-level climate disclosure legislation.

0:00 / 0:07exact quote · 7.7s
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“So with California, California has scope three in the long-term range of reporting as required.”

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More from Mallory Thomas

Assertion Supported
Thomas: US climate rules target financial impact while EU requires double materiality
“Everything in the U.S., even California, it's all about financial impacts. In the EU, it's much more comprehensive to understand where the impacts outside as well as what's the impact financially to your company.”
Mallory Thomas Mar 21, 2024 ▶ 6:12 Digging into the SEC climate disclosure rules
Assertion Supported
Thomas: SEC limits greenhouse gas reporting to Scope 1 and 2
“And then also greenhouse gas emission reporting, and that's just scope one and scope two reporting, and doesn't include all public companies. It's just large accelerated filers and accelerated filers That have to report their scope one and two.”
Mallory Thomas Mar 21, 2024 ▶ 7:09 Digging into the SEC climate disclosure rules
Assertion Supported
Thomas: Many Large Filers Likely Already Report Scope 3 Emissions
“With the scope three, I think the hard part is a lot of the, it's hard to gather that data, and it's hard to, for companies, especially, you know, we think about large accelerated filers, likely a lot of them are probably already reporting scope three. Many of…”
Mallory Thomas Mar 21, 2024 ▶ 8:32 Digging into the SEC climate disclosure rules
Opinion
Thomas: SEC climate rules are probably not a major lift for large filers
“Large accelerated filers likely have reporting that they're executing to date, so it's probably not a significant lift.”
Mallory Thomas Mar 21, 2024 ▶ 12:26 Digging into the SEC climate disclosure rules
Opinion
Thomas: California climate rules impact private firms more than SEC regulations
“SEC is here, but California is kind of probably more impactful from a private company perspective.”
Mallory Thomas Mar 21, 2024 ▶ 13:21 Digging into the SEC climate disclosure rules
Assertion Not checkable as stated
Thomas: Large companies prioritize Europe's CSRD compliance over SEC climate rules
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Mallory Thomas Mar 21, 2024 ▶ 30:17 Digging into the SEC climate disclosure rules
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