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House approves legislation requiring ESG disclosures

US Congress Capitol building

The Democratic majority barely prevailed, while SEC Commissioner Allison Herren Lee said the agency could propose a climate-risk rule by year-end. The vote came a day after a Securities and Exchange Commission deadline for public comment.

The U.S. House of Representatives on Wednesday narrowly approved a package of bills that would require public companies to disclose environmental, social and governance factors related to their businesses.

The Democratic-majority House voted almost entirely along party lines, 215-214, to pass the

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