Companies can prepare for the new disclosure requirements by first assessing how climate risks impact their operations, strategies, and financial conditions. This involves identifying material climate risks and the current state of emissions data management within the company. Developing or enhancing systems to accurately measure, track, and report Scope 1 and Scope 2 emissions will be crucial. Companies should also consider engaging with stakeholders, including investors and regulators, to understand expectations and gather feedback on their disclosure practices. Proactively seeking guidance and support from sustainability and decarbonization experts, like CarbonBetter, can also provide valuable insights and strategies to navigate these changes effectively.