Gift of Time – Comment Deadline Extended for Proposed Disclosure of Climate Information by Federal Contractors
Highlights
The deadline for comments on the proposed Federal Acquisition Regulation on Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk by Federal Contractors has been extended from Jan. 13, 2023, to Feb. 13, 2023
The new rule would require certain federal contractors to disclose greenhouse gas emissions and climate-related financial risk
The disclosure requirements are substantial and will have a wide-ranging impact on federal contractors
On Nov. 14, 2022, the U.S. Department of Defense, the General Services Administration, and the National Aeronautics and Space Administration jointly published a proposed rule to amend the Federal Acquisition Regulations (FAR) to require federal contractors to publicly disclose their greenhouse gas (GHG) emissions and climate-related financial risks, and to set science-based emissions reduction goals.
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