Stopping Excessive Climate Reporting Act

HR 7355, the "Stopping Excessive Climate Reporting Act," prohibits public companies from being required under securities laws to disclose certain climate-related information. Specifically, it prevents issuers from having to report greenhouse gas emissions from their own operations (Scope 1 and 2) or their supply chains and consumers (Scope 3 emissions). The bill also removes requirements for independent certification of this emissions data. This directly affects publicly traded companies subject to securities regulations by eliminating these specific disclosure obligations.