On March 21, 2022, the U.S. Securities and Exchange Commission (SEC) introduced a landmark proposal requiring companies to include climate disclosures in their annual filings. The move responds to activist calls and investors’ increased information needs regarding the climate resilience of publicly traded companies. If the proposed rules come into effect, companies would be required to disclose their level of climate risk exposure and greenhouse gas (GHG) emissions not only for their own operations but, for large entities, across their supply chain. To meet the proposal’s requirements, reporting companies’ sustainable procurement function will play a key role in gaining the supply chain insights needed. Building supply chain visibility and adopting climate-related risk management strategies will provide businesses with the dexterity needed to respond to the new provisions and secure their resilience against existing and potential climate threats.