Audit, Compliance and Risk Blog

Proposal to Require Climate Risks and Resilience Plans from Significant Federal Suppliers

Posted by Jon Elliott on Mon, Nov 28, 2022

On November 10, the Biden Administration announced a proposal to amend the Federal Acquisition Regulation (FAR) to require “major federal suppliers” and “significant federal suppliers” to disclose their greenhouse gas (GHG) emissions and assessments of climate-related risks, and to set targets for GHG emission reductions. The rest of this note summarizes this proposal.

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Tags: Environmental, Greenhouse Gas, ghg, CO2 Emissions, Environment, Environmental Policy, Climate, FAR, NASA, DOD