Fri October 4th, 2019
Sponsor: Rep. Sean Casten — D — IL
Requires publicly traded companies to annually disclose certain climate-related information to the public. Under the bill such companies would need to describe physical and financial risks they would face under different climate change scenarios, explain strategies and corporate governance processes in place to manage those risks, and analyze the social cost associated company greenhouse gas emissions. The Securities and Exchange Commission (SEC) would be required to establish and periodically update rules to implement the climate disclosure requirements and annually assess and report to the Congress on the extent to which public companies are in compliance. The Government Accountability Office would be required to periodically evaluate the SEC’s effectiveness in carrying out and enforcing the new climate disclosures.
Don't be sad- we've got your back. Just enter your email below and instructions on resetting your password will be sent to you.×