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Two Pro-ESG Investing Bills Introduced in House
Two bills proposed by Congressional Democrats would require certain parties to disclose whether and how they are taking environmental, social and governance factors into account while managing institutional investment portfolios.
Reported by
Several high-profile Democrats in the U.S. House of Representatives have introduced bills aimed at promoting the acceptance and use of environmental, social and governance (ESG) investments by individuals and institutions.
The lawmakers are Representatives Andy Levin, D-Michigan, vice chair of the House Education and Labor Committee and member of the Subcommittee on Health, Employment, Labor and Pensions (HELP); Brendan Boyle, D-Pennsylvania, member of the House Ways and Means Committee; and Cindy Axne, D-Iowa, member of the House Financial Services Committee.
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