Freedom to Invest in a Sustainable Future Act

Bill 118 hr 1119, also known as the Freedom to Invest in a Sustainable Future Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote sustainable investing by removing barriers that may prevent individuals and institutions from investing in companies that prioritize environmental, social, and governance (ESG) factors.

The bill seeks to achieve this goal by requiring the Securities and Exchange Commission (SEC) to establish a Sustainable Finance Advisory Committee. This committee would be responsible for advising the SEC on issues related to sustainable investing and making recommendations on how to promote ESG factors in investment decisions.

Additionally, the bill would require the SEC to conduct a study on the state of sustainable investing in the US and report its findings to Congress. This study would include an analysis of current market trends, barriers to sustainable investing, and potential regulatory changes that could promote ESG factors in investment decisions. Overall, the Freedom to Invest in a Sustainable Future Act aims to encourage more individuals and institutions to consider ESG factors when making investment decisions. By promoting sustainable investing, the bill seeks to create a more environmentally and socially responsible financial system that benefits both investors and society as a whole.