SCOOP: Conservative group takes anti-ESG campaign to the next level
against "woke capitalism" is taking its campaign to the next level, giving congressional leaders a detailed roadmap for dismantling the environmental, social and governance movement.A new report from Consumers' Research provides a lengthy list of specific questions for House Republicans at public hearings to establish fact patterns for litigations and to prove asset managers are forsaking fiduciary duty in the name of political goals.
At the state and federal level, Republicans want to stop corporate America for promoting policy positions that conservatives say voters haven’t embraced. Two vulnerable Democrats up for re-election in 2024 — Sens. Joe Manchin and Jon Tester — broke with the White House to join Republicans in passing it, which will likely lead to Biden’s first veto of his presidency.Intentionally designed to be opaque yet seem benign, ESG represents a grave menace to America. ESG is the weaponization of America’s investments against its own citizenry," Will Hild, the executive director of Consumers' Research, wrote in a letter to congressional leaders.
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