Chris Bolman’s Post

Exploring Climate Disclosure Standards: SEC, California, EU, & ISSB 🌱📊 The push for global climate disclosures is changing regulations. Effective March 6, 2024, the SEC mandates climate risk and GHG emission disclosures for both U.S. and foreign firms. Despite a temporary pause, these rules impact entities under the EU's CSRD and California's laws, requiring detailed reports on financial impacts, governance, and emissions, including Scope 3 in California. The key differences among these frameworks include the scope of GHG emissions reporting, materiality definitions, and coverage beyond climate. Differences by Agency & Region 🌍 SEC: U.S. federal agency regulating securities markets and enforcing securities laws. 🌿 California: U.S. state with its own climate disclosure law (SB 253) for certain companies. 🌱 EU: Union of 27 European states implementing sustainability reporting standards via CSRD. 🌎 ISSB: Global private-sector body developing international sustainability disclosure standards. Ensure your organization is prepared to meet these changing requirements and contribute to a sustainable future. 🌍📈 Read more here: https://bit.ly/4cvQtcS #Sustainability #ClimateDisclosure #GreenEducation #SustainableFuture

California’s Climate Disclosure Regulations: What Enterprises Need to Know! California is leading the way in climate accountability with two groundbreaking laws: SB 253 – The Climate Corporate Data Accountability Act and SB 261 – The Climate-Related Financial Risk Act. These regulations will soon require enterprises operating in California to disclose comprehensive greenhouse gas (GHG) emissions data and climate-related financial risks. Why should this matter to your organization? 📌 Starting in 2026, companies with annual revenues over $1 billion must measure and report Scope 1, 2, and 3 GHG emissions. 📌 Firms earning $500 million+ annually need to disclose financial risks linked to climate change and mitigation strategies every two years. 📌 Non-compliance can result in significant penalties, emphasizing the urgency of proactive action. These laws are a wake-up call for organizations to prioritize transparency, sustainability, and risk mitigation. At #dltledgers, we understand the challenges businesses face in navigating complex regulations. Our advanced Proteus platform can help enterprises simplify compliance, ensuring accurate reporting and better preparedness for the evolving climate landscape. Read our latest blog to understand the implications of these regulations and learn how your organization can take strategic steps to comply: https://lnkd.in/gWFGdMDm #California #ClimateDisclosure #GHG #CarbonEmissions #Sustainability

With the increasing push for transparency, new climate disclosure laws are coming into play in California and the European Union. These laws will have significant implications for U.S. businesses, whether you operate globally or regionally. 💡Join our webinar where we’ll break down what these regulations mean for your business, the steps you need to take to comply, and the potential risks of non-compliance. What we’ll cover:  - Global Disclosure Regulations and Emerging Trends  - Understanding the CSRD and its Implications for U.S. Companies  - Key Aspects of SB 253 and 261: Definitions, Requirements, and Reporting Deadlines     📅 Date & Time: Thursday, 6 February 2025   1:00 – 2:00 PM EST   🔗 Register Now: https://bit.ly/3Cg3evB    Don’t miss this opportunity to stay ahead of evolving climate regulations. See you there!     #ClimateDisclosure #Sustainability #Compliance #SB253 #SB261 #CSRD #ESG #ClimateRegulations #Webinar  

🌎 Stay Ahead of Climate Accountability in California 🌎 California’s regulatory landscape is evolving—are you prepared to comply with the Climate Accountability Package? Join Trinity Consultants for our complimentary webinar, "Preparing for Climate Accountability: Insights into California’s Corporate GHG and Financial Disclosure Programs (Part I)", to gain essential insights into SB 253 and SB 261. These groundbreaking regulations, set to be implemented by CARB in 2025, will impact corporate leaders, sustainability professionals, and compliance officers alike. SB 253, the Climate Corporate Data Accountability Act, mandates companies with annual revenues over $1 billion doing business in California to report GHG emissions across Scopes 1, 2, and 3, in alignment with international standards like the Greenhouse Gas Protocol. Similarly, SB 261, the Climate-Related Financial Risk Act, applies to companies with annual revenues over $500 million and requires disclosure of climate-related financial risks and mitigation strategies based on frameworks such as the TCFD. 📅 Date: January 29, 2025 ⏰ Time: 11:00 AM - 12:00 PM PST What you'll learn: ✅ Key requirements of SB 253 and SB 261, amended by SB 219 ✅ Corporate GHG reporting and climate risk disclosure essentials ✅ Who these regulations impact—and how to prepare ✅ Updates on CARB’s rulemaking process ✅ Practical tips to enhance your compliance strategy Don't miss this opportunity to equip your organization with the tools needed to navigate California’s ambitious climate accountability regulations. 👉 Register today: https://lnkd.in/g_v7PNkg #ClimateAccountability #GHGDisclosure #Sustainability #CorporateCompliance #CaliforniaRegulations Charles Lee Christi Wilson Wendy Merz Linda Nguyen

🌍 Is your business prepared for the new wave of mandatory climate disclosures?    California’s latest climate laws – SB 253 and SB 261 – are setting a new precedent in the US, requiring large businesses to disclose their scopes 1, 2, and 3 emissions and climate-related financial risks. Combined with the EU’s Corporate Sustainability Reporting Directive (CSRD), the need for organizations across the globe to understand and learn how to prepare for these mandatory climate disclosure requirements is no longer optional – it’s essential.    Join us for an upcoming webinar, where Trio’s Emma Arnold, Sustainability Director, Marc Steele, Manager, Energy & Sustainability, and Matt Donath, Policy Manager, will discuss how these laws could impact your organization, no matter where you operate:    Key topics include:  • Snapshot of global disclosure rules and trends  • Overview of CSRD and impact to U.S. companies   • SB 253 and 261: Definitions, requirements, implementation & reporting timelines  • Actions that can be taken to work towards compliance    Who should attend:  This session is perfect for professionals managing sustainability, ESG, legal, EHS, or compliance activities.    💡 Gain the insights you need to stay ahead of regulatory changes.    🔗 Register now: https://bit.ly/3Cg3evB    #Sustainability #ClimateDisclosures #SB253 #SB261 #CSRD #ESG #EnergyTransition 

With California rolling out new climate disclosure regulations, now’s the time for businesses to get ahead of the curve and ensure compliance. Here's how you can start preparing! But first, clarity! Clarity on California’s upcoming Regulations: California’s SB 253 (Climate Corporate Data Accountability Act): Requires companies with over $1 billion in revenue to report Scope 1, 2, and 3 GHG emissions with independent verification. Reporting frameworks like CDP are helpful first steps for tracking these emissions. Third-party verification of reported GHGs will be mandatory. California SB 261 (Greenhouse Gasses: Climate-Related Financial Risk Act): Mandates the disclosure of climate-related financial risks for companies with over $500 million in revenue, updated biennially. CDP and GRI can help meet these requirements by reporting risks and governance strategies. California SB 219: Updates SB 253 and SB 261, allowing for consolidated reporting at the parent company level and sets the timeline for Scope 3 emissions (2027). How Can You Get Ready? 1. Start collecting the necessary activity data to measure your Scope 1 (Direct) emissions, Scope 2, and Scope 3 (supply/value chain) emissions. 2. Select a GHG-P aligned carbon accounting platform, such as Persefoni Pro (https://lnkd.in/gf6kGD2T) to make calculating your emissions easier. 3. Conduct a climate risk assessment or report to the Climate Disclosure Project (CDP) 4. Set science-based reduction targets through frameworks such as SBTi. Let us know how we can help. #SB253 #SB261 #SB219 #CaliforniaSustainabilityRegulations #CircularEconomy #EthoWork #Sustainability #ESG #MakingItRight #EcoVadis #EcoVadisApprovedTrainingPartner #Persefoni #PersefoniPartner #GHGInventory #CarbonAccountingMadeEasy #SMEClimateHub

A must-attend webinar for those responsible for sustainability reporting within large US businesses. #climate #disclosures #usa #csrd #california #sb253 #sb261 #compliance #sustainability #reporting

🌍 Mandatory climate disclosures are here—are you ready to respond? Even as federal climate action slows, states like California and regions such as the EU are driving the agenda forward with ambitious climate disclosure requirements that set a new standard. California’s SB 253 and SB 261, along with the EU’s CSRD, are reshaping global sustainability reporting. The need for businesses to understand and prepare for these regulations has never been greater. Trio’s global team is here to help. Join us for an insightful webinar on February 6 at 1-2 ET featuring three of my esteemed colleagues Emma Arnold Matt Donath and Marc Steele 👇 Check out the original post for details and register now to stay ahead of the curve! https://bit.ly/3Cg3evB

TWO DAYS TO GO UNTIL FREE WEBINAR: Roadmap for Climate-Related Disclosures: California, SEC & CSRD Wednesday 31st July | 11am ET | 8am PT | 4pm BST Delivered in partnership with ClimeCo As climate disclosure requirements continue to evolve, companies face increased compliance risk. This webinar is designed to equip you with actionable insights for preparing for California Senate Bills 253 & 261, the SEC ruling, and the European Union’s CSRD. Join this webinar where we will discuss the actionable steps companies should take to meet upcoming deadlines. We will also cover: ⏱️An overview of the disclosure mandates and critical deadlines 📍The roadmap to compliance preparation 📝Taking advantage of planning efficiencies REGISTER YOUR PLACE FOR FREE: https://hubs.li/Q02G3wcL0 #Decarbconnect #ClimeCo #Climatedisclosures #SB253 #SB261 #SEC #CSRD #Decarbonisation #Sustainability #Sustainable #Compliance

Governor Newsom’s proposal to delay California’s climate-related corporate disclosure deadlines for bills SB-253 and SB-261 was unsuccessful. Despite these efforts, comprehensive disclosures of carbon emissions and climate risks for these bills will now be required by 2026. We’ve created a status update to help you understand the requirement deadlines and determine if your organization is subject to these regulations: https://lnkd.in/gECg8D5r At Uplift, we're dedicated to supporting your compliance journey. If you need assistance in preparing for these requirements or have questions about reporting with confidence, please don't hesitate to reach out. #climatechange #corporatesustainability #compliance #environmentalregulations #businessupdates #SB253 #SB261 #California