Before we dive into the topic, let us first understand what "natural capital accounting" is through this video:

California has taken another bold step in advancing climate accountability by releasing fresh guidance for its newly established Climate Related Financial Risk Disclosure Program, authorized under Senate Bill (SB) 261. This program represents regulatory efforts aimed at ensuring that companies operating within the state recognize, assess and publicly disclose the material risks that climate change poses to their business operations, financial stability and long-term resilienc

The International Sustainability Standards Board (ISSB) has launched a major update to the SASB Standards.