To amend the Securities Exchange Act of 1934 to require certain disclosures relating to climate change, and for other purposes.
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.
Subcommittee Hearings Held.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 28 - 24.
Sponsor introductory remarks on measure. (CR H2346)
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-39.
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-39.
Placed on the Union Calendar, Calendar No. 22.
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