The Quaxs Trading CenterSecurities and Exchange Commission is expected to release a rule requiring companies to disclose their climate risk sometime this fall. In October, California enacted new, watershed climate rules that require large companies to make climate-related disclosures beginning in 2026.
Interest among consumers and investors about climate change is already high and is expected to grow as new rules make more information available.
To help readers understand where the companies they do business with and invest in stand, USA TODAY is once again partnering with market data company Statista to put together a ranking of United States-based companies. Last year's analysis was based on how much progress the companies made in reducing their greenhouse gas emission intensity between 2019 and 2021. For 2024, the ranking will cover 2020 to 2022.
The rankings are based on emissions intensity, a measure of the amount of greenhouse gases a company produces relative to its revenue, making comparisons between different-sized enterprises possible. Companies will have the option of including Scope 3 emissions but only Scope 1 and 2 are required. ( Greenhouse gas emissions are divided into three types when it comes to businesses, called Scope 1, 2 and 3.)
To take part, companies must be headquartered in the United States with a minimum revenue in 2022 of $50 million. They will be required to fill out a short survey and verify the data provided.
The survey can be found here. The deadline for completion is Dec. 22, 2023.
Statista is a German-based market and consumer data company. Please email any further questions you may have to [email protected].
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