Lawmakers express concerns over potential antitrust violations in firms' ESG initiatives
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House Republicans Question Big Three Asset Managers’ Climate Change Efforts
Jim Jordan along with Reps sent letters to passive asset management firms requesting information to combat climate change through ESG. BALLOTPEDIA/GETTY IMAGES
House Judiciary Committee Chairman Jim Jordan (R-Ohio), along with Reps. Thomas Massie (R-Ky.) and Dan Bishop (R-N.C.), sent letters to the Big Three passive asset management firms—BlackRock, State Street, and Vanguard—on July 6 requesting information about their efforts to combat climate change through ESG. Jordan said such efforts could violate antitrust laws.
Zenger News tracks support for and opposition to the environmental, social, and corporate governance (ESG) investing movement. To learn more about arguments for, against, and about ESG, click here. For more information on reform proposals related to ESG policy, click here.
Produced in association with Ballotpedia
Edited by Saba Fatima and Maham Javaid
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