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Apple supports far-reaching rules for publishing emissions



(Reuters) – Apple Inc. on Tuesday called on the US Securities and Exchange Commission to require companies to disclose emissions, including from their "value chain", according to a tweet from Apple's vice president Lisa Jackson.

The comments highlighted the most specific recipe to date from a large public company on what revelations are needed, says Veena Ramani, senior program director for Ceres, a Boston-based climate change group.

The SEC last month said it would seek information on how companies can report on their greenhouse gas emissions and other climate factors.

Investors have poured money into funds that use environmental, social and governing factors to select stocks, but the lack of common standards has made it difficult to compare issuers' activities.

In its tweet, Apple's Jackson, a former U.S. environmental regulator, said that Apple "believes the SEC should issue rules to require companies to disclose third-party audited emissions information to the public that covers all levels of emissions, direct and indirect, and the value chain."

The term "value chain" seems to refer to so-called Scope 3 emissions arising from the use of the company's products by other parties.The calls to publish the data may be controversial.

ExxonMobil Corp reported its Scope 3 emissions in January for the first time that the data "are less secure and less consistent because they include the indirect emissions resulting from the consumption and use of a company's products that are outside its control.

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