Major business group slams disclosure rules as House Republicans probe ESG investing
Publishing timestamp: 2023-07-10 09:00:01
Summary
The National Association of Manufacturers, representing thousands of companies, has criticized recent regulatory changes by the SEC related to ESG investing guidelines. They are urging lawmakers to rein in proxy voting and limit shareholder proposals. House Republicans are investigating ESG investing, which has become a target on the right. The industry group's letter highlights the business opposition to ESG policies and the influence of proxy voting firms.
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Keywords: business, business news, breaking news: politics, exxon mobil corp, johnson & johnson, politics, pfizer inc,
Source: https://www.cnbc.com/2023/07/10/national-association-of-manufacturers-esg-disclosures.html