Ready or Not, Here They Come: Climate Disclosure Requirements for All Public Companies Move a Step Closer to Becoming Law
By EsqSocial Corporation 17/05/21
Democratic members of both houses of Congress reintroduced last month the Climate Risk Disclosure Act (“Act”), H.R. 2570, a bill that would require every public company to issue climate-related financial disclosures. This week, the House Financial Services Committee reported the bill out of committee by a narrow margin on a party-line vote. Consistent with steps the United States Securities and Exchange Commission (SEC) has taken in recent months, the Act aims to accelerate the promulgation of...
By: Akin Gump Strauss Hauer & Feld LLP