House committee says powerful financial interests pushing ‘radical ESG goals’
PUBLISHED : 14 Dec 2024 at 20: 43
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Some Republican lawmakers in Washington allege that a “cartel” of financial firms and climate activists sought to replace Exxon Mobil Corp board members in 2021 after the oil company declined to make a series of climate pledges. (Reuters File Photo)
WASHINGTON – A US House of Representatives committee says it has found “substantial evidence of collusion and anticompetitive behaviour” by the financial industry to “impose radical ESG goals” on American companies.
An interim report published by the Republican-led House Judiciary Committee said “a cartel” of financial firms and climate activists sought to replace Exxon Mobil Co
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