Republicans’ Anti-ESG Crusade Could Hurt Retirees’ Savings ...Middle East

The New Republic - News

As Republicans settle into their control over the House of Representatives, the right’s crusade against ESG—an umbrella term for a suite of strategies corporations use to account for environmental, social, and governance factors—is going national. The House Financial Services Committee has launched an ESG working group to “combat the threat to our capital markets posed by those on the far-left.” Forty-nine Republican Senators, joined by Democrat Joe Manchin, have signed on to a resolution pushing back against a recent Department of Labor ruling that allows federal pension funds to consider ESG factors in their investment decisions, including whether the effects of climate change might pose a

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Republicans’ Anti-ESG Crusade Could Hurt Retirees’ Savings ...Middle East

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