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Voluntary Carbon Market Disclosure Act Disclosure
California Assembly Bill 1305, the Voluntary Carbon Market Disclosure Act (VCMDA), codified as CA Health and Safety Code Section 44475 (2024), requires entities within the state of California to make certain disclosures if they market, sell, purchase or use voluntary carbon offsets (VCO), as defined in the statutes, and make claims regarding the achievement of net zero emissions, carbon neutrality or significant greenhouse gas (GHG) emission reductions in the state.
For disclosures possibly required under Section 44475.1, please see the Sempra Voluntary Carbon Market Disclosures document.
For disclosures possibly required Section 44475.2 regarding statements made by Sempra and its family of companies concerning our strategy, efforts and goals to achieve reduction of GHG emissions, please see Sempra’s 2023 Corporate Sustainability Report (2023 Corporate Sustainability Report | Sempra).