Federal contractors will not have to disclose their climate emissions

The US government has withdrawn a proposed rule that would have required major federal contractors to publicly report their greenhouse gas emissions and climate-related financial risks. This means that companies doing business with the government will not face new mandatory climate disclosure requirements for now.

The Biden administration had aimed to use the government's massive purchasing power to push companies toward climate transparency and emissions reductions. This withdrawal signals a pause in that effort, at least through the end of the current administration. It means that the federal government will not, for the immediate future, use its procurement rules to force climate disclosures from its suppliers.