H.R. 4329 · 116th Congress
ESG Disclosure Simplification Act of 2019
- Stage
- Reported from committee
- Sponsor
- Juan Vargas
- Introduced
- 2019-09-13
- Latest action
- 2020-01-07 · Reported (Amended) by the Committee on Financial Services. H. Rept. 116-365.
Summary
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.