Energy

New Jersey's S 679 requires large companies (with over $1 billion in annual revenue operating in the state) to annually report all greenhouse gas emissions - including direct operations (scope 1), purchased energy (scope 2), and supply chain activities (scope 3) - to a designated emissions reporting organization. Companies must provide this data with independent third-party verification and make it publicly accessible. The law aims to increase transparency for investors and residents about corporate climate impacts, as mandated by the bill's findings on climate risks. It takes effect three years after enactment, applying to businesses already operating in New Jersey.