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Corporate Governance Improvement and Investor Protection Act: ESG, Pay, and Climate Risk Disclosure

This Act mandates new reporting obligations for public companies, requiring the disclosure of information related to environmental, social, and governance (ESG) matters. It introduces requirements for reporting climate risk, political expenditures, human capital metrics, and board diversity data. The goal is to provide investors with consistent and comparable data necessary to assess companies' long-term strategies and financial risks.
Key points
Requirement to disclose climate risk, including greenhouse gas emissions and risk management strategies.
Mandatory quarterly and annual reports on corporate expenditures for political activities.
Mandate to disclose the percentage increase in the median total compensation of executive officers compared to other employees.
Requirement to report on settlements and judgments related to workplace harassment and ties to importing goods from the Xinjiang region (XUAR).
article Official text account_balance Process page
VOTING RESULTS
2021-06-16
50%
For 215
Against 214
Abstain 0
Full voting results open_in_new
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_1187
Sponsor: Rep. Vargas, Juan [D-CA-51]
Process start date: 2021-02-18
Voting date: 2021-06-16
Meeting no: 1
Voting no: 169
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Corporate Governance Improvement and Investor Protection Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1187.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-18.

What are the main provisions?

Key points include:

  • Requirement to disclose climate risk, including greenhouse gas emissions and risk management strategies.
  • Mandatory quarterly and annual reports on corporate expenditures for political activities.
  • Mandate to disclose the percentage increase in the median total compensation of executive officers compared to other employees.
  • Requirement to report on settlements and judgments related to workplace harassment and ties to importing goods from the Xinjiang region (XUAR).
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Rep. Vargas, Juan [D-CA-51].

What is the latest detailed status?

The latest detailed status is: On passage Passed by the Yeas and Nays: 215 - 214 (Roll no. 169).

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Economy Environment Labor