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Climate Risk Disclosure Act: Enhancing Transparency for Investors

This act mandates large companies to publicly disclose how climate change impacts their finances and operations. This aims to help investors make informed decisions and encourage companies to better manage climate-related risks. Citizens can gain more insight into how companies they invest in are addressing climate challenges.
Key points
Companies will be required to disclose financial risks related to climate change, such as extreme weather events or costs of transitioning to clean energy.
This information will include data on companies' greenhouse gas emissions and their climate risk management plans.
The goal is to increase transparency in financial markets and support investments in more sustainable businesses.
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Additional Information
Climate Risk Disclosure Act of 2021
Print number: S 1217
Sponsor: Sen. Warren, Elizabeth [D-MA]
Process start date: 2021-04-19