Reported about 14 hours ago
The House Judiciary Committee has reported finding significant evidence of collusion within the financial sector aimed at enforcing radical ESG goals on U.S. companies. The interim report claims that a coalition of financial firms and climate activists attempted to replace Exxon Mobil's board members in 2021 after the company resisted radical climate commitments. Despite these pressures, Exxon saw substantial profits in 2022 and plans to increase oil and gas production significantly by 2030. The committee's ongoing investigation is part of broader GOP criticisms against environmental, social, and governance (ESG) investing.
Source: YAHOO