LOS ANGELES, Dec. 11, 2025 /PRNewswire/ — Pathways LA proudly hosted its annual Winter Wonderland Toy & Book Celebration on Saturday, December 6th, transforming the Westin Bonaventure into a festive gathering place for families across Los Angeles. The event brought together community partners, generous donors, and Pathways LA supporters for a day dedicated to uplifting families during the holiday season.

This year’s celebration welcomed 240 families, totaling 930 attendees, including 394 adults and 536 children. Pathways LA was also honored to welcome representatives from six community-based organizations whose participation strengthened the experience for attendees and highlighted the collective commitment to family well-being. Participating organizations included:

  • L.A. Care Community Resource Center Metro L.A.
  • Los Angeles Public Library
  • Clinica M Oscar A. Romero
  • Bright life Kids
  • St. Anne’s Family Services
  • Karsh Center

“Winter Wonderland is one of the most meaningful moments of the year for our organization,” said Tamika Farr, CEO of Pathways LA. “It reflects our commitment to supporting families and making sure every child experiences joy, connection, and care during the holidays.”

The heart of Winter Wonderland is giving — and this year, Pathways LA provided hundreds of children with brand-new toys and books, along with essential household items that support family stability. Families received diapers, wipes, hygiene products, and much-needed clothing.

Pathways LA extends its deepest gratitude to the donors whose generosity made this support possible:

  • Baby2Baby
  • FAT Brands
  • Social media influencer Francisco Carrillo (@kennalovescisco)

Their contributions ensured children received high-quality gifts and families left with resources that carry them beyond the holiday season.

Families enjoyed a variety of holiday activities, including:

  • Photos and meet-and-greets with Santa Claus
  • Face painting featuring playful seasonal designs
  • Arts and crafts stations for creating festive keepsakes
  • Hot chocolate and cookies adding warmth and sweetness to the day

For decades, Pathways LA has provided early childhood education programs, family services, and essential resources to low-income working families. The Winter Wonderland Toy & Book Celebration continues that tradition, bringing hope, support, and joy to the community every holiday season.

About Pathways LA:

About Pathways LA: Pathways LA is committed to the healthy development and school readiness of young children from disadvantaged communities. Driven by data and innovation, our experts support the continuum of care that includes parents, childcare providers, community partners, and policymakers. Learn more at: https://pathwaysla.org.

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SOURCE Pathways LA

December 11, 2025 /3BL/ – The O2 and Music Venue Trust (MVT), the charity which represents hundreds of grassroots music venues across the UK, have announced a groundbreaking new commitment that formally recognizes the essential role of the grassroots circuit in creating the future headliners for the UK’s world-leading live music scene.

The pioneering initiative will see The O2 make a direct donation to Music Venue Trust each time a new artist headlines the arena for the first time as part of a wider three-year commitment. This ensures that the grassroots ecosystem, which nurtures artists in the early stages of their careers, receives tangible, ongoing support from the very venues that later host their success.

This year alone, The O2 has hosted over 50 first-time performers and is making an initial six-figure donation to Music Venue Trust in celebration of this record milestone. This single donation underscores the volume of talent flowing from small stages to the arena and highlights the critical need for a sustainable pipeline.

Artists who have graduated from the grassroots network to make their debut at The O2 in the last year include Gracie Abrams, Pulp, Architects and Wolf Alice, all of whom honed their craft on stages at venues within the Music Venues Alliance.

Ben Lovett, Mumford & Sons, said: “This week we will play two shows at The O2. Whilst this might not be the first time we’re headlining the arena, it doesn’t make it any less special to be able to come to our hometown and headline a couple of nights in one of the best arenas in the world. Our first time taking to this iconic stage was in 2012, back when many of the venues where we had cut our teeth, including the Luminaire in Kilburn where we played our first headline show, had started closing down. This trend has only continued, in London and across the country, and we have done everything we can to protect the essential grassroots scene; lobbying various sitting governments, trying to educate anyone who’d listen to the fact that artists don’t just arrive in these arenas from nowhere. We’ve played countless shows in these smaller rooms ever since, encouraged our fans to support and actioned the £1 per ticket levy on this current tour, generously supported by our audience.”

Emma Bownes, Senior Vice President, Venue Programming at AEG Europe, added: “The O2 is proud to support the UK’s live music ecosystem, starting with the small stages in local communities. Every artist who headlines The O2 for the first time reflects the strength of that grassroots network. By partnering with Music Venue Trust, we’re investing in the pipeline that nurtures the next generation of breakthrough artists and ensures they have a place to start.”

Mark Davyd, CEO of Music Venue Trust, said: “This is a hugely significant and welcome move from The O2. The success of our arenas is directly connected to the health of the grassroots venues where so many of those headliners began their journey. This partnership sets a powerful new benchmark for the industry, proving that major venues can actively participate in securing the future of the talent pipeline. Our challenge to every other arena in the UK is simple: The O2 has taken a lead, now it’s your chance to follow.”

Ben Lovett continued:I’ve personally invested into the Music Venue Properties initiative as well as continuing to support Music Venue Trust and a host of similar organisations over recent years. I have even built and operated venues around London and further afield in an effort to brace against the rising tide of the issue. All to say, we couldn’t care more about the essential work of small venues up and down the country and we think it’s brilliant that a venue like The O2 is making a meaningful donation, tied to their “first-time headliner” model to contribute, as we all should, towards a more sustainable ecosystem within live music in the future.”

The commitment represents a major step forward in uniting the live music industry, from the smallest stages to the largest, to create a more resilient and sustainable future for UK music.

December 11, 2025 /3BL/ – The O2 and Music Venue Trust (MVT), the charity which represents hundreds of grassroots music venues across the UK, have announced a groundbreaking new commitment that formally recognizes the essential role of the grassroots circuit in creating the future headliners for the UK’s world-leading live music scene.

The pioneering initiative will see The O2 make a direct donation to Music Venue Trust each time a new artist headlines the arena for the first time as part of a wider three-year commitment. This ensures that the grassroots ecosystem, which nurtures artists in the early stages of their careers, receives tangible, ongoing support from the very venues that later host their success.

This year alone, The O2 has hosted over 50 first-time performers and is making an initial six-figure donation to Music Venue Trust in celebration of this record milestone. This single donation underscores the volume of talent flowing from small stages to the arena and highlights the critical need for a sustainable pipeline.

Artists who have graduated from the grassroots network to make their debut at The O2 in the last year include Gracie Abrams, Pulp, Architects and Wolf Alice, all of whom honed their craft on stages at venues within the Music Venues Alliance.

Ben Lovett, Mumford & Sons, said: “This week we will play two shows at The O2. Whilst this might not be the first time we’re headlining the arena, it doesn’t make it any less special to be able to come to our hometown and headline a couple of nights in one of the best arenas in the world. Our first time taking to this iconic stage was in 2012, back when many of the venues where we had cut our teeth, including the Luminaire in Kilburn where we played our first headline show, had started closing down. This trend has only continued, in London and across the country, and we have done everything we can to protect the essential grassroots scene; lobbying various sitting governments, trying to educate anyone who’d listen to the fact that artists don’t just arrive in these arenas from nowhere. We’ve played countless shows in these smaller rooms ever since, encouraged our fans to support and actioned the £1 per ticket levy on this current tour, generously supported by our audience.”

Emma Bownes, Senior Vice President, Venue Programming at AEG Europe, added: “The O2 is proud to support the UK’s live music ecosystem, starting with the small stages in local communities. Every artist who headlines The O2 for the first time reflects the strength of that grassroots network. By partnering with Music Venue Trust, we’re investing in the pipeline that nurtures the next generation of breakthrough artists and ensures they have a place to start.”

Mark Davyd, CEO of Music Venue Trust, said: “This is a hugely significant and welcome move from The O2. The success of our arenas is directly connected to the health of the grassroots venues where so many of those headliners began their journey. This partnership sets a powerful new benchmark for the industry, proving that major venues can actively participate in securing the future of the talent pipeline. Our challenge to every other arena in the UK is simple: The O2 has taken a lead, now it’s your chance to follow.”

Ben Lovett continued:I’ve personally invested into the Music Venue Properties initiative as well as continuing to support Music Venue Trust and a host of similar organisations over recent years. I have even built and operated venues around London and further afield in an effort to brace against the rising tide of the issue. All to say, we couldn’t care more about the essential work of small venues up and down the country and we think it’s brilliant that a venue like The O2 is making a meaningful donation, tied to their “first-time headliner” model to contribute, as we all should, towards a more sustainable ecosystem within live music in the future.”

The commitment represents a major step forward in uniting the live music industry, from the smallest stages to the largest, to create a more resilient and sustainable future for UK music.

Name: Mitsunori Odagiri | Sustainability Senior Manager

Company:  Asahi Group Holdings

Connect with Mitsunori Odagiri on LinkedIn

Welcome to our series aimed at spotlighting the individual leaders within BIER member companies and stakeholder organizations. Learn how these practitioners and their companies are addressing pressing challenges around water, energy, agriculture, climate change, and what inspires each of them to advance environmental sustainability in the beverage sector and collectively, overall.

Briefly describe your role and responsibilities and how long you have worked with your company. 

I joined Asahi Group Holdings as a Sustainability Senior Manager in 2022. Since then, with a focus on environmental topics, my work has been around the development of group sustainability strategies and roadmaps as well as the monitoring of progress in close collaboration with regional headquarters, Asahi Global Procurement teams, and other relevant functions.

How has the company’s sustainability program evolved over the years, and what are your specific priorities for 2025?

In the early stages, our focus was on establishing governance, setting baselines, and aligning with global frameworks. Over time, our approach has matured to embed sustainability into our core business strategy, supply chain, and innovation agenda.

For 2025, our priorities are centered on thought leadership and strategic refinement.

We are updating and sharpening our sustainability roadmaps across Scope 1, 2, and 3 emissions and recycled PET. This includes aligning with the latest science-based targets and ensuring our plans are both ambitious and actionable.

This evolution reflects our belief that sustainability is not a side initiative: it’s a driver of innovation, risk management, and long-term growth.

How do you feel being a BIER member will help you successfully address the key areas you are addressing in 2025? 

The in-person BIER meetings, which I’ve had the privilege of attending twice, are especially invaluable. They bring together some of the most forward-thinking sustainability professionals in the beverage industry, creating a space for open, candid dialogue and deep collaboration. These sessions go beyond information exchange; they foster a shared commitment to raising the bar across the sector.

Through BIER, we gain access to harmonized methodologies, emerging best practices, and peer insights that directly inform how we shape and evolve our own strategy. The ability to benchmark, challenge assumptions, and co-develop solutions with global peers helps ensure that our roadmap is not only ambitious but also grounded in practical, scalable action.

In short, BIER strengthens our ability to lead with clarity, collaborate with purpose, and continuously refine our approach to sustainability in a rapidly evolving landscape.

Share a recent accomplishment of your company’s sustainability initiatives/achievements you are most proud of and why.

One of the most significant and proud accomplishments of Asahi Group Holdings in recent sustainability efforts is the official approval of our Net Zero targets by the Science Based Targets initiative (SBTi) in June 2024.

This achievement makes us the first company in Japan to receive SBTi approval for both short-term and long-term targets, including FLAG. Our targets are aligned with the 1.5°C pathway of the Paris Agreement, and include:

  • A 70% reduction in Scope 1 and 2 emissions by 2030 (vs. 2019),
  • A 30% reduction in Scope 3 emissions by 2030,
  • And full Net Zero across Scopes 1, 2, and 3 by 2040.

What makes our targets especially meaningful is not just the ambition, but the rigor and transparency behind them. The validation process involved detailed emissions calculations, cross-functional collaboration, and alignment with global standards. It also reflects our commitment to translating complex climate science into actionable, measurable goals that can be understood and embraced across our global operations.

If you had one superpower that could be used to radically accelerate and scale sustainable best practices, which one would it be, and how would you use it? 

Sustainability often lives in the realm of technical jargon, fragmented metrics, and long-term projections. If I could have a superpower, it would be the ability to bridge that gap and turn lifecycle assessments, carbon accounting, TCFDTNFD, or biodiversity risks into stories that spark understanding and action. Whether I am speaking to a factory manager in Japan, a finance lead in Europe, or a community partner in Oceania, with the superpower, I would tailor the message to what matters most to them, without losing the integrity of the data.

This power would not only accelerate alignment across functions and regions but also empower more people to become champions of sustainability in their own context. Because when people truly understand the “why” and “how,” they’re far more likely to act – and that’s how transformation scales.

Name: Mitsunori Odagiri | Sustainability Senior Manager

Company:  Asahi Group Holdings

Connect with Mitsunori Odagiri on LinkedIn

Welcome to our series aimed at spotlighting the individual leaders within BIER member companies and stakeholder organizations. Learn how these practitioners and their companies are addressing pressing challenges around water, energy, agriculture, climate change, and what inspires each of them to advance environmental sustainability in the beverage sector and collectively, overall.

Briefly describe your role and responsibilities and how long you have worked with your company. 

I joined Asahi Group Holdings as a Sustainability Senior Manager in 2022. Since then, with a focus on environmental topics, my work has been around the development of group sustainability strategies and roadmaps as well as the monitoring of progress in close collaboration with regional headquarters, Asahi Global Procurement teams, and other relevant functions.

How has the company’s sustainability program evolved over the years, and what are your specific priorities for 2025?

In the early stages, our focus was on establishing governance, setting baselines, and aligning with global frameworks. Over time, our approach has matured to embed sustainability into our core business strategy, supply chain, and innovation agenda.

For 2025, our priorities are centered on thought leadership and strategic refinement.

We are updating and sharpening our sustainability roadmaps across Scope 1, 2, and 3 emissions and recycled PET. This includes aligning with the latest science-based targets and ensuring our plans are both ambitious and actionable.

This evolution reflects our belief that sustainability is not a side initiative: it’s a driver of innovation, risk management, and long-term growth.

How do you feel being a BIER member will help you successfully address the key areas you are addressing in 2025? 

The in-person BIER meetings, which I’ve had the privilege of attending twice, are especially invaluable. They bring together some of the most forward-thinking sustainability professionals in the beverage industry, creating a space for open, candid dialogue and deep collaboration. These sessions go beyond information exchange; they foster a shared commitment to raising the bar across the sector.

Through BIER, we gain access to harmonized methodologies, emerging best practices, and peer insights that directly inform how we shape and evolve our own strategy. The ability to benchmark, challenge assumptions, and co-develop solutions with global peers helps ensure that our roadmap is not only ambitious but also grounded in practical, scalable action.

In short, BIER strengthens our ability to lead with clarity, collaborate with purpose, and continuously refine our approach to sustainability in a rapidly evolving landscape.

Share a recent accomplishment of your company’s sustainability initiatives/achievements you are most proud of and why.

One of the most significant and proud accomplishments of Asahi Group Holdings in recent sustainability efforts is the official approval of our Net Zero targets by the Science Based Targets initiative (SBTi) in June 2024.

This achievement makes us the first company in Japan to receive SBTi approval for both short-term and long-term targets, including FLAG. Our targets are aligned with the 1.5°C pathway of the Paris Agreement, and include:

  • A 70% reduction in Scope 1 and 2 emissions by 2030 (vs. 2019),
  • A 30% reduction in Scope 3 emissions by 2030,
  • And full Net Zero across Scopes 1, 2, and 3 by 2040.

What makes our targets especially meaningful is not just the ambition, but the rigor and transparency behind them. The validation process involved detailed emissions calculations, cross-functional collaboration, and alignment with global standards. It also reflects our commitment to translating complex climate science into actionable, measurable goals that can be understood and embraced across our global operations.

If you had one superpower that could be used to radically accelerate and scale sustainable best practices, which one would it be, and how would you use it? 

Sustainability often lives in the realm of technical jargon, fragmented metrics, and long-term projections. If I could have a superpower, it would be the ability to bridge that gap and turn lifecycle assessments, carbon accounting, TCFDTNFD, or biodiversity risks into stories that spark understanding and action. Whether I am speaking to a factory manager in Japan, a finance lead in Europe, or a community partner in Oceania, with the superpower, I would tailor the message to what matters most to them, without losing the integrity of the data.

This power would not only accelerate alignment across functions and regions but also empower more people to become champions of sustainability in their own context. Because when people truly understand the “why” and “how,” they’re far more likely to act – and that’s how transformation scales.

The company will match federal contributions for eligible U.S. employees’ children, strengthening financial access for families

NEW YORK, Dec. 11, 2025 /PRNewswire/ — BNY (NYSE: BK) today announced its participation in the U.S. government’s investment initiative for children, continuing the company’s long history of expanding financial access and opportunity for employees and their families. As one of the first financial services companies to join the program, BNY will match the federal government’s $1,000 contribution for eligible newborns of its eligible U.S. employees, doubling the investment in each child’s future.

BNY’s participation builds on its broader efforts to strengthen employees’ financial opportunity, including BK Shares equity grants, new student loan matching, enhanced 401(k) features and expanded support for saving and investing at every career stage.

“For more than two centuries, BNY has supported our nation’s financial ecosystem and the people who power it, including our own employees. This initiative advances that mission in a meaningful way,” said Robin Vince, Chief Executive Officer, BNY. “By matching the government’s contribution, we’re helping our employees give their children a head start toward a stronger financial future.”

The children’s savings account program, passed by Congress and signed into law by President Trump in the One Big Beautiful Bill Act, and provides for a $1,000 pilot contribution from the U.S. Treasury into a tax-advantaged account for eligible children born in the U.S. between 2025 and 2028.

BNY’s match of the pilot contribution will provide an additional $1,000 per eligible child once the account is opened and verified, helping families start saving from day one.

“We want every family to have the chance to build a strong foundation,” said Shannon Hobbs, Chief People Officer, BNY. “BNY is proud to match the government’s investment in these children’s futures for our eligible employees. This benefit reinforces our dedication to helping our colleagues and their families access financial opportunities from the very beginning.”

About BNY
BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. 

Media Contact
Ryan Wells
ryanw@bny.com

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SOURCE BNY

The company will match federal contributions for eligible U.S. employees’ children, strengthening financial access for families

NEW YORK, Dec. 11, 2025 /PRNewswire/ — BNY (NYSE: BK) today announced its participation in the U.S. government’s investment initiative for children, continuing the company’s long history of expanding financial access and opportunity for employees and their families. As one of the first financial services companies to join the program, BNY will match the federal government’s $1,000 contribution for eligible newborns of its eligible U.S. employees, doubling the investment in each child’s future.

BNY’s participation builds on its broader efforts to strengthen employees’ financial opportunity, including BK Shares equity grants, new student loan matching, enhanced 401(k) features and expanded support for saving and investing at every career stage.

“For more than two centuries, BNY has supported our nation’s financial ecosystem and the people who power it, including our own employees. This initiative advances that mission in a meaningful way,” said Robin Vince, Chief Executive Officer, BNY. “By matching the government’s contribution, we’re helping our employees give their children a head start toward a stronger financial future.”

The children’s savings account program, passed by Congress and signed into law by President Trump in the One Big Beautiful Bill Act, and provides for a $1,000 pilot contribution from the U.S. Treasury into a tax-advantaged account for eligible children born in the U.S. between 2025 and 2028.

BNY’s match of the pilot contribution will provide an additional $1,000 per eligible child once the account is opened and verified, helping families start saving from day one.

“We want every family to have the chance to build a strong foundation,” said Shannon Hobbs, Chief People Officer, BNY. “BNY is proud to match the government’s investment in these children’s futures for our eligible employees. This benefit reinforces our dedication to helping our colleagues and their families access financial opportunities from the very beginning.”

About BNY
BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more. As of September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news. 

Media Contact
Ryan Wells
ryanw@bny.com

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SOURCE BNY

SAN DIEGO, Dec. 11, 2025 /PRNewswire/ — North Island Credit Union recently partnered with the Boys & Girls Clubs of Greater San Diego to bring some holiday magic to hundreds of Club kids across San Diego County. The credit union recently donated over 240 new toys and gifts to the Boys & Girls Clubs of Greater San Diego as part of its annual Holiday Life Changers program. Credit union volunteers were also on hand during the event to help wrap and organize gifts for the kids for Club members and their families.

“At North Island Credit Union, supporting our community is especially meaningful during the holidays,” said North Island Credit Union President/CEO Steve O’Connell. “Partnering with the Boys & Girls Clubs of Greater San Diego allows us to help bring joy and a sense of celebration to local children and their families. Our employees care deeply about making a difference, and this toy drive is a wonderful opportunity to share that spirit and give back to those who need it most.”

All of the toys and gifts were donated by North Island Credit Union, its employees and members in a month-long drive in its branch locations in San Diego County. All gifts will be wrapped and distributed during the Boys & Girls Clubs of Greater San Diego holiday celebrations throughout the month.

Boys & Girls Clubs of Greater San Diego changes lives through quality youth programs and guidance in a safe, affordable and fun environment. The Clubs serve kids ages 5-18 at 22 community-based sites countywide, making a difference in the lives of San Diego’s future leaders – today’s youth. For more information about the Boys & Girls Clubs of Greater San Diego, please visit sdyouth.org.

About North Island Credit Union, a division of California Credit Union
California Credit Union is a federally chartered credit union founded in 1933 with assets of more than $5 billion, over 200,000 members and 25 retail branches. Named a Forbes Best-In-State Credit Union in 2024 & 2025, California Credit Union membership is available to community members and businesses nationwide. The credit union operates in San Diego and Riverside Counties as North Island Credit Union, a division of California Credit Union. Federally insured by the NCUA, the credit union offers a full suite of consumer, business and investment products and services, including comprehensive consumer checking and loan options, personalized financial planning, business banking, and leading-edge online and mobile banking. California Credit Union is certified as a Community Development Financial Institution (CDFI) with a Low Income Designation, offering inclusive products and services to build financial stability in our underserved communities, including a checking account certified as meeting the Bank On National Account Standards. California Federal Credit Union operates as California Credit Union. Visit northisland.ccu.com for more information or follow the credit union on Instagram® or Facebook® @northislandcu.

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SOURCE North Island Credit Union

As previously seen on the CSRHub blog.

By Bahar Gidwani

CSRHub has ingested a list produced by California’s Air Resources Board (CARB). The 3,127 companies on this list are those that this US state agency feels may be affected by California’s new climate disclosure laws.

These laws are generally referred to by their number: SB 253 and SB 261. (Their formal names are HSC 38532 and HSC 38533.) They require companies over $1 billion for SB 253 or $0.5 billion for SB 261 revenue to disclose certain carbon emission and climate-related financial risk information. The goals of the law are to provide California with more information about sources of carbon within the state. They are also expected to put pressure on companies with high emissions to reduce them. You can read more about these laws here.

CSRHub provides a consensus sustainability rating for any entity globally that has been rated by at least a few expert sources. We were able to find data in our system for 1,515 of the companies on the California list (click on the link to see them on our site). We believe that most of the remaining entities on the list are too small to be required to report under the regulation—at least initially. Therefore, our sample is probably a good representation of the types of companies that will be affected by this disclosure legislation.

While 83% of the affected companies are from North America, there are a large number of European (147) and Asian (74) companies that may need to report. Of the 1,230 US companies, only 313 are headquartered in California. Four other US states (Illinois, Massachusetts, New York, and Texas) have more than 50 affected companies. Almost ten percent of the affected companies are in Europe.

See Chart of Companies Affected.

Companies in a broad range of industries are affected. About 60% are from the consumer goods, durable goods, finance and real estate, and technology sectors.

See Industries Affected.

The average Overall rating of the companies on the list (55) is well above the average for all entities covered by CSRHub (50). It is also above the average for the 2,584 entities we cover from California (50). It seems that California may be taking regulatory action on larger companies that are already better than average. This can be seen also in the average score for the affected companies in our Energy & Climate Change rating area. Affected companies average a rating of 52, compared to California companies in general at 47.

See California Companies’ Average Ratings.

California’s new laws will produce a 2026 reporting requirement. The list we ingested isn’t definitive. However, it does indicate that many non-California companies will be affected by the law. It also may be putting pressure on a group of entities that have already taken steps to improve their carbon profiles. It may be difficult for these entities to meaningfully reduce their emissions. Going forward, the thousands of California entities that aren’t on the list may be a better target for regulatory pressure than those on the list.

Bahar Gidwani is CTO and Co-founder of CSRHub. He has built and run large technology-based businesses for many years. Bahar holds a CFA, worked on Wall Street with Kidder, Peabody, and with McKinsey & Co. Bahar has consulted to a number of major companies and currently serves on the board of several software and Web companies. He has an MBA from Harvard Business School and an undergraduate degree in physics and astronomy. He plays bridge, races sailboats, and is based in New York City.

About CSRHub

CSRHub offers the most comprehensive global set of expert consensus sustainability ratings, information, and tools. Clients use CSRHub’s decisive data platform for global benchmarking, supply and value chain risk assessment and compliance readiness solutions. Founded in 2007, CSRHub covers over 60,000 public and private companies, and provides ESG performance scores on 42,000 companies from 134 industries in 158 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 1,000 sources to produce a strong consensus signal on corporate sustainability performance.

Interested in learning more about CSRHub?

Lenovo Group Limited (HKSE: 992) (ADR: LNVGY) has been honored with a ‘Most Sustainable Organization’ award under the newly established Elite Past Winners (EPW) section from the Hong Kong Institute of Certified Public Accountants (HKICPA). This prestigious recognition highlights Lenovo’s continued excellence in corporate governance and environmental, social and governance (ESG) practices and reporting.

The EPW section was introduced this year to celebrate companies with consistent outstanding performance and continued recognition from HKICPA (at least five times over the past decade). This year’s award marks the thirteenth consecutive year that Lenovo has been recognized by the HKICPA. Lenovo is proud to be among this elite group, reaffirming its dedication to the highest corporate governance standards and ESG responsibilities, while further strengthening stakeholders’ confidence.

In addition to this recognition, Lenovo has also achieved several other notable ESG accolades in recent months, including a rating of AAA in the MSCI ESG Ratings Assessment for the fourth consecutive year, AA+ rating on the 2025 Hang Seng Corporate Sustainability Index, and Platinum Recognition from EcoVadis.

For more information on Lenovo’s global ESG practices, please refer to the latest Environmental, Social and Governance Report published in June 2025.

About Lenovo

Lenovo is a US$69 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

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