S. 1217IntroducedFINANCE AND FINANCIAL SECTOR
Climate Risk Disclosure Act of 2021
Administrative law and regulatory procedures · Air quality · Business records
Key facts
Introduced: Apr 19, 2021
Chamber: Senate
Cosponsors: 17
Congress: 117th
Latest action · Sep 14, 2021
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-699.
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.
Summary by Congressional Research Service.
Timeline
- Sep 14, 2021Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-699.
- Apr 19, 2021Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Apr 19, 2021Introduced in Senate
Cosponsors
- Sen. Schatz, Brian [D-HI] D-HI
- Sen. Whitehouse, Sheldon [D-RI] D-RI
- Sen. Blumenthal, Richard [D-CT] D-CT
- Sen. Feinstein, Dianne [D-CA] D-CA
- Sen. Van Hollen, Chris [D-MD] D-MD
- Sen. Markey, Edward J. [D-MA] D-MA
- Sen. Klobuchar, Amy [D-MN] D-MN
- Sen. Smith, Tina [D-MN] D-MN
- Sen. Gillibrand, Kirsten E. [D-NY] D-NY
- Sen. Merkley, Jeff [D-OR] D-OR
- Sen. Bennet, Michael F. [D-CO] D-CO
- Sen. Carper, Thomas R. [D-DE] D-DE
- Sen. Schumer, Charles E. [D-NY] D-NY
- Sen. Booker, Cory A. [D-NJ] D-NJ
- Sen. Brown, Sherrod [D-OH] D-OH
- Sen. Cardin, Benjamin L. [D-MD] D-MD
- Sen. Baldwin, Tammy [D-WI] D-WI
In the News
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