Colorado Climate Disclosure Bill Halted by House Committee

Colorado House Bill 25-1119 (HB25-1119), titled “Require Disclosures of Climate Emissions,” was introduced in January 2025 with the aim of requiring large businesses to publicly disclose their greenhouse gas (GHG) emissions. However, on February 27, 2025, the House Energy & Environment Committee indefinitely postponed the bill, halting its progress in the legislative process.

Bill Overview and Objectives

HB25-1119 sought to improve corporate climate transparency by mandating emissions reporting for major companies operating in Colorado. The legislation applied to businesses with total revenues exceeding $1 billion in the previous calendar year.

Proposed Emissions Reporting Requirements

Under the bill, companies would have been required to publicly disclose:

• Scope 1 Emissions (direct GHG emissions)
• Scope 2 Emissions (indirect emissions from purchased electricity)
• Scope 3 Emissions (all other indirect emissions in the value chain)

Scope 1 and 2 disclosures were to begin January 1, 2028, while Scope 3 reporting would be phased in starting January 1, 2029, with full coverage by January 1, 2031.

Independent Verification and Penalties

All disclosures were to be verified by an independent third-party auditor. Non-compliant businesses could face civil penalties of up to $100,000 per day, enforceable through court action.

Legislative Outcome

Despite initial support, HB25-1119 encountered resistance and was indefinitely postponed by the House Energy & Environment Committee on February 27, 2025. As a result, the bill did not proceed further in the 2025 legislative session.

Reference: Colorado GHG Bill

 

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