
Scope 3 Disclosure Might be Required for Companies With Climate Goals
Attorneys warn of additional compliance needs in testimony to the House Financial Services Committee.
The plan reached a settlement with DOJ on Monday that will clear its debt with the PBGC.
The independent committee needs representatives of pensions and mutual funds to bolster investor protection.
The giant pension fund has a history of pushing for environment-oriented goals.
In addition to that update at a subcommittee hearing, House Republicans suggested the PBGC cut premiums for its single-employer program.
The 2.5% excise tax would target private institutions in the state with endowments of at least $1 billion.