News & Insights

We’re changing the narrative of the manufacturing industry one story at a time. CMTA’s award-winning storytelling team showcases California’s 30,000 manufacturers by uplifting the voices of our makers. Find industry news and the stories from those “Making California” below. 

How AB 52, Manufacturing Tax Credit, Will Expand California Jobs

California manufacturing generates more than $394 billion annually and employs more than 1.3 million people with over 30,000 firms. Our manufacturers are the most significant contributor to the United States manufacturing industry, making up 11% of the manufacturing...

Electric Motorcycle Company Ryvid Joins CMTA

Sacramento, Calif. – The California Manufacturers & Technology Association (CMTA) welcomed Ryvid, Inc. to the association today. The electric motorcycle company combines the engineering expertise of innovators with the design acumen of aerospace and automotive...

Press Release

WEBINAR: Data-Driven Solutions for ESG in Manufacturing

Sep 24, 2024

Webinar presented by Adastra and CMTA

Sacramento, Calif.The California Manufacturers & Technology Association (CMTA) hosted an exclusive webinar with associate member Adastra, exploring data-driven ESG solutions in manufacturing on Sept. 24, 2024.

CMTA’s Vice President of Government Relations, Robert Spiegel, discussed SB 253, the Climate Corporate Data Accountability Act, and SB 261, the Greenhouse Gases: Climate-Related Financial Risk Act.

Adastra’s Director of Management and ESG, Alena Miazga, discussed real-world successes and use cases with ESG solutions.

Did you miss the webinar? Watch the recording from the live webinar on September 24, 2024, below.

Two bills will start to impact California’s manufacturers in 2026.

SB 253, the Climate Corporate Data Accountability Act

SB 253 requires all U.S. businesses with annual revenues over $1 billion and operating in California to disclose their greenhouse gas emissions. Starting in 2026, businesses must report Scope 1 (direct) and Scope 2 (indirect) emissions, and by 2027, Scope 3 (upstream and downstream) emissions.

SB 261, the Greenhouse Gases: Climate-Related Financial Risk Act

SB 261 will require companies with more than $500 million in annual revenues to disclose their climate-related financial risks and measures they have adopted to reduce and adapt to those risks. The law requires companies to prepare their reports following the Task Force on Climate-Related Financial Disclosures (TCFD) framework, with the first disclosures due in 2026.

Questions? Contact us.

Katie Durham, VP of Member Engagement at CMTA, kdurham@cmta.net

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About CMTA

The California Manufacturers & Technology Association (CMTA) has advocated for pro-growth laws and regulations before the California legislature and administrative agencies since 1918. The total output from manufacturing in California is $300 billion per year, roughly 10 percent of the total economic output of the state. Manufacturers employ 1.3 million Californians paying wages more than $25,000 higher than other non-farm employers in the state. For more information, visit CMTA’s website.

About Adastra
Adastra North America transforms businesses into digital leaders. Since 2000, Adastra has been helping global organizations accelerate innovation, improve operational excellence, and create unforgettable customer experiences, all with the power of their data. By providing cutting-edge Artificial Intelligence, Big Data, Cloud, Digital, and Governance services and solutions, Adastra helps enterprises leverage data that they can control and trust, connecting them to their customers – and their customers to the world. Adastra North America has offices in Toronto, Calgary, Ottawa, and Miami. For more information, visit Adastra’s website.

 

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