Today's Law As Amended

PDF |Add To My Favorites | print page

SB-950 Office of Business Sustainability.(2017-2018)

As Amends the Law Today


 Article 6.3 (commencing with Section 12099.100) is added to Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code, to read:

Article  6.3. Office of Business Sustainability
 The Legislature finds and declares all of the following:
(a) A sustainable business gives substantial consideration to company operations, workers, impacted communities, and the environment in its practices, products, and services.
(b) The consideration that a sustainable business gives to company operations includes, but is not limited to, the following:
(1) Fair and transparent governance. The business has sustainability included in its mission, ethical and transparent governance practices within company bylaws, and processes for employee input in company decisionmaking, is employee-owned or provides employee profit sharing, and reports sustainability metrics, including, but not limited to, climate risk to its board or its stakeholders.
(2) A culture of inclusion. The business has a diverse workforce and programs in place that ensure equity in opportunities. The company guarantees pay equity and a reasonable executive compensation ratio compared with employee compensation.
(3) Promotion of health and safety. The business implements health and safety practices that greatly exceed federal standards.
(c) The consideration that a sustainable business gives to workers includes, but is not limited to, the following:
(1) Support for employees. The business provides compensation that substantially exceeds regional wages, ensures fair compensation for freelance, contingent, and contracted workers, provides substantial benefits, including paid family and medical leave programs, paid sick days, health insurance, child care, paid time off, retirement plans, and other benefits, engages contractors or contracting services that provide benefits to their employees or provide additional stipends to nonemployees to purchase benefits, and encourages flexible scheduling, telecommuting, and predictable work hours.
(2) Development of employees. The business invests in employee growth and development through education, training, and advancement opportunities.
(d) The consideration that a sustainable business gives to impacted communities includes, but is not limited to, the following:
(1) Engagement with local communities. The business engages in local purchasing and hiring, is active in local and regional philanthropy and promotes staff volunteerism, and advocates for sustainability at city, state, and federal levels of government.
(2) Affecting change through the supply chain. The business practices and promotes sustainability throughout its supply chain.
(e) The consideration that a sustainable business gives to the environment includes, but is not limited to, the following:
(1) Environmental best practices. The business demonstrates a comprehensive commitment to environmental conservation and sustainability in all company operations and facilities, including a commitment to limit or eliminate greenhouse gas emissions and the use of nonrenewable materials and energy.
(2) Environmentally sustainable products. The business manufactures or sells a clean or green product, including, but not limited to, renewable energy or nontoxic materials, or achieves zero waste.
 (a) The Office of Business Sustainability is hereby created within the Governor’s Office of Business and Economic Development.
(b) The Office of Business Sustainability shall establish guidelines and criteria that provide for the certification of a sustainable business operating in California. The office shall use the considerations set forth in subdivisions (b), (c), (d), and (e) of Section 12099.100 in creating these guidelines and criteria.