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This month, the US federal government proposed a rule requiring government contractors to provide certain climate disclosures. In this week’s special episode, Heather Horn was joined by Valerie Wieman to discuss who the rule affects and what the key disclosure requirements are.

In this episode, our guests discuss:

• 1:37 - An overview and history behind the proposed rule
• 4:45 - Certains exemptions to the proposed disclosure requirements 
• 7:44 - The scope 1 and scope 2 GHG emission requirements for all contractors subject to the proposed rule
• 9:17 - The additional requirements for “major” contractors, including climate-related financial risk factors and science-based greenhouse gas reduction targets
• 15:23 - When the federal government expects compliance with the proposed rule
• 17:00 - How this federal proposal compares to the SEC proposal
• 18:45 - Timeline for comments and initial PwC thoughts on the proposed rule

For more information on the proposed rule, see our In brief, GHG and climate risk disclosures proposed for federal contractors.

Valerie Wieman is PwC’s National Office Editor-in-chief. She is involved in the creation, development, and publication of our brand-defining thought leadership, with a focus on ESG reporting. Prior to this role, she was part of PwC’s National Office SEC Services group, helping clients navigate SEC rules and regulations.

Heather Horn is PwC’s National Office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series. With over 30 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.

Transcripts available upon request for individuals who may need a disability-related accommodation. Please send requests to [email protected].