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House Judiciary Committee Probes ESG Practices of Major Investors

Republican-led investigation questions potential antitrust violations linked to climate-focused investment strategies

  • Chairman Jim Jordan's letters demand over 130 investors disclose ESG-related goals and communications.
  • The probe targets Climate Action 100+, a coalition advocating for reduced greenhouse gas emissions.
  • Critics argue the investigation aims to undermine climate activism and pressure companies.
  • Some major asset managers have withdrawn from Climate Action 100+ amid the scrutiny.
  • The committee's actions reflect a broader partisan divide on environmental, social, and governance issues.
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