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Exxon Mobil Corporation is suing the state California A pair of 2023 climate disclosure laws the company says violate its free speech rights, namely forcing it to accept the message that big companies are uniquely to blame for climate change.
Where is Oil and Gas Corporation located? texas filed its complaint in the US Eastern District Court of California on Friday. It asks the court to block the laws from taking effect next year.
In your complaint, ExxonMobil says it has publicly disclosed its greenhouse gas emissions and climate-related business risks for years, but it fundamentally disagrees with the state’s new reporting requirements.
The complaint states that the company would “use frameworks that place disproportionate blame on large companies like ExxonMobil” to shame such companies.
under management committee Bill 253 would require large businesses to disclose a wide range of planet-warming emissions, including direct and indirect emissions such as the cost of employee business travel and product transportation.
The complaint says ExxonMobil takes issue with the methodology required by the state, which would focus on a company’s emissions worldwide and therefore blame businesses for growing larger rather than being efficient.
The second law, Senate Bill 261, forces companies making more than $500 million annually to disclose what financial risks climate change poses to their businesses and how they plan to address them.
The company said in its complaint that the law requires it to speculate “about unknown future developments” and post such speculations on its website.
A spokesperson for the Office of California Gov. Gavin Newsom An email said it was “truly shocking that one of the biggest polluters on the planet would oppose transparency.”