
House GOP lawmakers on the Judiciary Committee demanded information Tuesday from over 130 companies about their involvement with the investor-led climate action initiative, Climate Action 100+. Judiciary Committee Chairman Jim Jordan of Ohio and subcommittee Chairman Thomas Massie of Kentucky described the initiative as a 'woke cartel.' The committee emphasized that companies, retirement systems, and government pension programs involved in Climate Action 100+ must answer for prioritizing 'woke investments' over fiduciary duties. An interim staff report released last June titled 'Climate Control: Exposing the Decarbonization Collusion in Environmental, Social, and Governance (ESG) Investing' detailed how ESG initiatives like Climate Action 100+ involve left-wing activists and major financial institutions pushing far-left environmental, social, and governance goals on American companies.
“@JudiciaryGOP demands info from dozens of major businesses over ties to shadowy ad cartel GARM in collusion probe over free speech” https://t.co/R0FLcZZYBt
Public pension investments are aimed to beef up the plans that teachers and other public employees rely on when they retire. But critics of these higher risk real estate funds say their very design encourages gentrification. https://t.co/2PJASFgpoh
Pension funds need better oversight and transparency in their investment choices especially when so many public workers rely on them for financial security during retirement https://t.co/xbUPiEFJo0


