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.