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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