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Climate Risk Disclosure Act: Enhancing Transparency for Investors

This act requires large companies to publicly disclose how climate change impacts their operations and finances. This aims to help investors make informed decisions and encourage companies to manage climate-related risks. Citizens investing their savings will gain access to more detailed data on the climate impact of the companies they invest in.
Key points
Companies will need to disclose how climate change affects their finances and strategies.
Reporting of greenhouse gas emissions and fossil fuel-related risks will be required.
This information will be standardized to facilitate company comparisons and tracking of climate risk management progress.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_2570
Sponsor: Rep. Casten, Sean [D-IL-6]
Process start date: 2021-04-15
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Climate Risk Disclosure Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_2570.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-04-15.

What are the main provisions?

Key points include:

  • Companies will need to disclose how climate change affects their finances and strategies.
  • Reporting of greenhouse gas emissions and fossil fuel-related risks will be required.
  • This information will be standardized to facilitate company comparisons and tracking of climate risk management progress.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Casten, Sean [D-IL-6].

What is the latest detailed status?

The latest detailed status is: Placed on the Union Calendar, Calendar No. 22.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Economy Environment