Eighteen AGs Submitted Comments Calling for GHG and Climate Disclosures by Federal Contractors

California Attorney General Rob Bonta, Massachusetts Attorney General Andrew Joy Campbell, and District of Columbia Attorney General Brian Schwalb led 18 attorneys general in comments on a proposed rule by the Department of Defense, the General Services Administration, and the National Aeronautics and Space Administration to revise the Federal Acquisition Regulation (the “FAR”) to require federal contractors to disclose greenhouse gas emissions and other climate-related financial risks. As climate change intensifies, federal contractors face both transition risks (“legislative, policy, and technology changes associated with climate change,” such as compliance with state policies for reducing greenhouse gas emissions) and physical risks (“acute and chronic physical impacts from climate change,” such as extreme weather events). The AGs argued that the disclosure requirements under the proposed FAR revision would help increase the federal government’s climate resilience by enabling federal entities to make informed supply chain and procurement decisions.