US Codex
Bill
Notes

Scope 3 Act

H.R. 3057 · 118th Congress · May 2, 2023 · Lineage

A BILL

To provide that under the securities laws certain disclosures related to scope 3 greenhouse-gas emissions may not be required.

Section 1 Short title

This Act may be cited as the “Scope 3 Act”.

Sec. 2 Scope 3 greenhouse-gas emissions disclosures

Under the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 (15 U.S.C. 78c)), an issuer may not be required to disclose or otherwise provide information with respect to the greenhouse-gas emissions or consumption of the value chain of such issuer (commonly known as “Scope 3 emissions”).