Proposed Rule Turns Up the Heat on Climate-Related Disclosures for U.S. Government Contractors

In November 2022, the Federal Acquisition Regulatory Council published a proposed rule, Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk, which would amend the Federal Acquisition Regulation to require certain federal contractors to publicly disclose their greenhouse gas emissions, among other climate-related obligations, in an effort to mitigate the effects of climate change on supply chain resiliency, U.S.