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CLIMATE CHANGE

AAFA, CFDA, AC & FMC Praise Legislation Aligned with THREADS Protocol

August 23, 2023

In a letter released today, the American Apparel & Footwear Association, the Accessories Council, the CFDA, and Fashion Makes Change expressed support for California’s proposed Climate Corporate Data Accountability Act (SB 253), which was introduced by Senators Scott Wiener, Lena Gonzalez, and Henry Stern.

This bill establishes that corporations that do business in the California and have more than $1 billion in gross revenues must annually and publicly disclose their greenhouse gas (GHG) emissions.

The letter stated: “The timelines and assurance levels required for reporting reflect ambitious, but realistic, science-based understanding of the current difficulty of and evolution pathway for collecting accurate emissions data. The initial direction to enforcing agencies to assess the status and feasibility of assurance levels for Scope 3 reporting shows crucial adjustability and the safe harbor for good faith reporting of Scope 3 emissions demonstrates this legislation is designed to help companies succeed at a difficult task where imperfections are virtually guaranteed. Finally, clear, public reporting requirements make the bill
enforceable. SB 253 would break new ground on ambitious climate policy, but more importantly, because it is compatible with the [groups’ January 2023] THREADS Protocol, we believe the legislation will be effective in meeting its objectives.”

“The continual warming of our planet poses a significant risk to our industry and our communities. We believe it is essential that we work together, pre-competitively, to ensure that the industry plays its part in meeting our climate change targets. AAFA’s support for this bill
means we are confident the bill meets the THREADS protocol criteria,” said AAFA president and
CEO Steve Lamar.

AAFA
AC
Accessories Council
CFDA
Climate Corporate Data Accountability Act
Fashion Makes Change
FMC
Henry Stern
Lena Gonzalez
Scott Wiener
The American Apparel & Footwear Association

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