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HOUSE 2570117th CongressPlaced on the Union Calendar, Calendar No. 22.

Climate Risk Disclosure Act of 2021

Last Action
5/20/2021

Actions

  • 2021-05-20Placed on the Union Calendar, Calendar No. 22.
  • 2021-05-20Reported (Amended) by the Committee on Financial Services. H. Rept. 117-39.
  • 2021-05-20Reported (Amended) by the Committee on Financial Services. H. Rept. 117-39.
  • 2021-05-14Sponsor introductory remarks on measure. (CR H2346)
  • 2021-05-12Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 24.
  • 2021-05-12Committee Consideration and Mark-up Session Held.
  • 2021-04-15Referred to the House Committee on Financial Services.
  • 2021-04-15Introduced in House
  • 2021-04-15Introduced in House

CRS Summary

As of 2021-05-20 (07)

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.

Cosponsors (14)

  • Matt Cartwright (D-PA)
  • Bill Foster (D-IL)
  • Alan Lowenthal (D-CA)
  • Nanette Barragan (D-CA)
  • Joe Neguse (D-CO)
  • Mike Levin (D-CA)
  • Julia Brownley (D-CA)
  • NYDIA VELAZQUEZ (D-NY)
  • Dean Phillips (D-MN)
  • BRAD SHERMAN (D-CA)
  • Raúl Grijalva (D-AZ)
  • Jesus Garcia (D-IL)
  • Ayanna Pressley (D-MA)
  • Jared Huffman (D-CA)

Subjects

  • Administrative law and regulatory procedures
  • Air quality
  • Business records
  • Climate change and greenhouse gases
  • Coal
  • Corporate finance and management
  • Financial services and investments
  • Oil and gas
  • Securities
  • Securities and Exchange Commission (SEC)
  • Water use and supply
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.