California Senate Bill 261 (SB 261), also known as the “Climate-Related Financial Risk Act,” was signed into law in October 2023, bringing the state’s ambitious Climate Accountability Package—encompassing SB 253 and SB 261—to life. Here we dive into SB 261, presenting the highlights of the bill, who it impacts, and what organizations can do to prepare for it. The post SB 261 Explained: A Quick Guide to California’s Climate-Related Financial Risk Act appeared first on Stok.| Stok
A rapidly evolving wave of global climate regulation is inspiring—and requiring—corporate action. While it may seem daunting, early action on credible, jurisdiction-ready disclosures positions companies to meet investor demands, avoid compliance risks, and lead with resilience in a low-carbon economy. But how? Check out our Part 1 for a quick primer on these regulations and what they may mean for your company, then dive in to our recommended approach. The post Navigating the Wave of Globa...| Stok
Climate disclosure is no longer optional—it's a business imperative. A recent string of global climate regulation is driving companies to action, with many wondering how to effectively face the rapidly evolving requirements and spend the money to do so wisely. But before we dive into action, first, a quick primer on these regulations. Then, in Part 2, a risk-based, future-ready approach to prepare. The post Navigating the Wave of Global Climate Risk Regulations Part 1: A Quick Primer appear...| Stok