The U.S. Chamber of Commerce (“the Chamber”) appreciates the opportunity to
share our views in response to the Federal Deposit Insurance Corporation (“FDIC” or “agency”) request for feedback on “Statement of Principles for Climate-Related Financial Risk Management for Large Financial Institutions” (“principles” or “proposal”).
The Chamber has been a leader in the conversation on environmental, social, and governance (“ESG”) topics for nearly a decade, and we continue to actively collaborate with our members and other stakeholders to promote practices, policies, and technology innovations across industry and government that address our shared climate challenges, particularly to reduce greenhouse gas emissions to the lowest levels possible at the pace of innovation.