Climate Risk Disclosure Act of 2019
Summary
Official Summary
Climate Risk Disclosure Act of 2019
This bill directs the Securities and Exchange Commission (SEC) 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.
Among other things, issuers must (1) report their direct and indirect greenhouse-gas emissions, (2) disclose their fossil fuel-related assets, and (3) establish standards regarding the social cost of carbon.
Bill texts
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Timeline
Latest companion bill action
HR-3623: Climate Risk Disclosure Act of 2019Committee on Energy and Commerce discharged.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-456.
Senate
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Senate
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