On the recordNovember 9, 2023
Mr. Chair, the proposed rule promotes transparency by requiring Federal contractors to disclose their greenhouse gas emissions and climate-related financial risks. This transparency enhances accountability and helps the government and the American people make informed decisions regarding its contracts. By addressing climate-related financial risk, the rule encourages businesses to assess and mitigate their exposure to climate-related challenges. This proactive approach is critical in addressing the financial implications of climate change and fosters sustainability. Access to data on greenhouse gas emissions and climate risk enables the government to make more informed procurement decisions. This means selecting contractors that are actively addressing climate change and demonstrating environmental responsibility. Mr. Chair, for all those reasons, I strongly oppose the adoption of this amendment, and I reserve the balance of my time.
