California to require company slavery history disclosures

California is proposing legislation that would require large companies to disclose any historic links to slavery, including transactions involving enslaved people or financial support for such activities. The bill, awaiting Governor Gavin Newsom's decision, applies to companies with over $100 million in annual sales and would establish a digital platform for disclosures if funded. The measure aims to increase transparency about corporate ties to slavery but faces opposition from some insurance companies.

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