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Republicans Target ESG Funds: Impact on Socially Responsible Investing

Well, ESG funds are explained by Andrew Behar in this article. He talks about his testimony and the implementation phase in Washington, D.C.

by Terry Bingman
Fri, Mar 29, 2024 11:14pm
in Business
• 2 mins read
14.8k
Republicans Target ESG Funds: Impact on Socially Responsible Investing | FinOracle

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Socially Responsible Investing Faces Crackdown Amid Antitrust Probes

In a pivotal testimony before the House Judiciary Committee, Andrew Behar, CEO of the leading shareholder advocate nonprofit As You Sow, illuminated the ongoing battle against socially responsible investing (ESRI) and shareholder advocacy. Facing a subpoena as a cornerstone of an expansive House probe, Behar's group stands accused of violating federal antitrust laws, a claim deeply rooted in the current political climate's contentious relationship with ESG (environmental, social, and governance) principles.

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