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No Mandatory Disclosure of Scope 3 Greenhouse Gas Emissions for Companies

This new bill aims to exempt companies from mandatory disclosure of greenhouse gas emissions related to their value chain (known as Scope 3 emissions). This means businesses will not be required to report on the environmental impact of their suppliers and and customers. For citizens, this could mean less transparency regarding companies' full carbon footprint, potentially making it harder to assess their environmental commitment.
Key points
Companies will not be required to disclose Scope 3 greenhouse gas emissions data.
Reduced environmental reporting transparency for investors and consumers.
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Additional Information
Print number: 118_HR_3057
Sponsor: Rep. Jackson, Ronny [R-TX-13]
Process start date: 2023-05-02