Blocks Required Climate Reports Not Important to Investors
HR257-119 · Introduced Jan 9, 2025
Why it matters
Companies that sell stock or bonds would not have to file climate details unless investors need them to make decisions. Investors would get fewer required climate reports.
What it does
- Bars the Securities and Exchange Commission from requiring certain climate-related disclosures
- Applies to companies that issue securities, such as stock or bonds
- Covers only climate reports that are not material to investors
In committee
Next: a committee vote
- Introduceddone
- Committeecurrent step
- Housenot yet
- Senatenot yet
- Presidentnot yet
About this bill
Would bar the Securities and Exchange Commission from requiring companies that sell securities to report climate information that is not material to investors.
Stop Environmental Calculations Act of 2025
Perspectives
💬 The case for
Some business groups would likely say companies should not face costly reporting rules that investors don't need. Such rules could add paperwork without helping investors.
💬 The case against
Some investor groups would likely say investors need climate risk information to judge companies. Limiting required reports could leave them with less information.
Sponsored by
Sponsor details for this federal bill are at the source link.
News
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