{"@context":"https://schema.org","@type":"Legislation","name":"Corporate Governance Improvement and Investor Protection Act","description":"

Corporate Governance Improvement and Investor Protection Act

This bill requires publicly traded companies to periodically disclose information related to

environmental, social, and governance performance metrics;
expenditures for certain political activities;
compensation information regarding executive officers and employees;
climate change-related risks, including direct and indirect greenhouse gas emissions and fossil fuel-related assets;
tax jurisdiction, income, and assets of constituent entities on a country-by-country basis;
workforce management policies, practices, and performance;
incidents of workplace harassment and retaliation;
cybersecurity;
the demographic composition of the board of directors and executive officers; and
manufacturing activity in China's Xinjiang Uyghur Autonomous Region.

The bill also establishes the Sustainable Finance Advisory Committee that must, among other duties, recommend to the Securities and Exchange Commission (SEC) policies to facilitate the flow of capital toward environmentally sustainable investments.

The SEC must report on the viability and occurrence of shareholder collective action, particularly regarding employment, environmental, social, and governance issues.

The SEC must also report on compliance issues small businesses face with respect to disclosure requirements related to environmental, social, and governance performance metrics.

","legislationIdentifier":"HR 1187","legislationType":"Bill","legislationLegalForce":"NotInForce","legislationJurisdiction":"USA","author":[{"@type":"Person","name":"Juan Vargas","url":"https://legisdaily.com/mp/juan-vargas-us"}],"about":{"@type":"Thing","name":"Finance and Financial Sector"},"keywords":"Administrative law and regulatory procedures, Administrative remedies, Advisory bodies, Air quality, Alternative and renewable resources, Asia, Assault and harassment offenses, Atmospheric science and weather, Business ethics, Business investment and capital, Business records, China, Climate change and greenhouse gases, Coal, Computer security and identity theft, Congressional oversight, Contracts and agency, Corporate finance and management, Detention of persons, Elections, voting, political campaign regulation, Employee benefits and pensions, Employee hiring, Employment and training programs, Employment discrimination and employee rights, Environmental assessment, monitoring, research, Financial services and investments, Fraud offenses and financial crimes, Government ethics and transparency, public corruption, Government information and archives, Government studies and investigations, Human rights, Labor-management relations, Labor market, Labor standards, Manufacturing, Minority employment, Oil and gas, Racial and ethnic relations, Religion, Securities, Securities and Exchange Commission (SEC), Self-employed, Sex offenses, Small business, Tax administration and collection, taxpayers, Taxation of foreign income, Temporary and part-time employment, Unemployment, Wages and earnings, Women's employment, Worker safety and health","dateModified":"2025-05-15T00:00:00.000Z","url":"https://legisdaily.com/bill/USA-117-HR-1187"}

Juan Vargas

Financial Services Committee, Banking, Housing, and Urban Affairs Committee

Juan Vargas

Financial Services Committee, Banking, Housing, and Urban Affairs Committee