Speaking Sustainability

The California Air Resources Board (CARB) recently released a Draft Checklist to assist companies in preparing climate-related financial risk reports under Senate Bill 261, codified at California Health and Safety Code (HSC) § 38533. While the Checklist offers limited new guidance, it provides a useful roadmap for entities subject to reporting obligations, particularly entities that may not have prepared previously and/or published disclosures consistent with recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD).