S. 1217 · 117th Congress

Climate Risk Disclosure Act of 2021

Stage
In committee
Introduced
2021-04-19
Latest action
2021-09-14 · Committee on Banking, Housing, and Urban Affairs. Hearings held.

Summary

Climate Risk Disclosure Act of 2021

This bill directs the Securities and Exchange Commission to require an issuer of securities to annually disclose information regarding climate change-related risks posed to the issuer, including an issuer's strategies and actions to mitigate these risks.

Specifically, issuers must report their direct and indirect greenhouse-gas emissions and disclose their fossil fuel-related assets.