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ESG Disclosure Simplification Act of 2019

11/1/2022, 1:50 PM

Congressional Summary of HR 4329

ESG Disclosure Simplification Act of 2019

This bill requires an issuer of securities to annually disclose to shareholders certain environmental, social, and governance metrics and their connection to the long-term business strategy of the issuer. The bill also establishes the Sustainable Finance Advisory Committee that must, among other things, recommend to the Securities and Exchange Commission policies to facilitate the flow of capital towards environmentally sustainable investments.

Current Status of Bill HR 4329

Bill HR 4329 is currently in the status of Bill Introduced since September 13, 2019. Bill HR 4329 was introduced during Congress 116 and was introduced to the House on September 13, 2019.  Bill HR 4329's most recent activity was Placed on the Union Calendar, Calendar No. 290. as of January 7, 2020

Bipartisan Support of Bill HR 4329

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
1
Democrat Cosponsors
1
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4329

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Administrative remedies
- Business ethics
- Business records
- Environmental assessment, monitoring, research
- Government ethics and transparency, public corruption
- Government information and archives
- Securities
- Securities and Exchange Commission (SEC)

Alternate Title(s) of Bill HR 4329

ESG Disclosure Simplification Act of 2019
To provide for disclosure of additional material information about public companies and establish a Sustainable Finance Advisory Committee, and for other purposes.
ESG Disclosure Simplification Act of 2019
ESG Disclosure Simplification Act of 2019

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