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House panel subpoenas Vanguard, Arjuna in ESG 'collusion' probe - TL;DR CNBC

House panel subpoenas Vanguard, Arjuna in ESG 'collusion' probe

Publishing timestamp: 2023-12-11 11:26:45


Summary

The House Judiciary Committee has subpoenaed Vanguard Group and Arjuna Capital as part of an investigation into whether investment firms' ESG policies violate antitrust laws. The committee is seeking documents and communications related to how these firms advance ESG policies. The investigation is focused on whether ESG investing coalitions deprive investors of the opportunity to invest in oil and gas.


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Tickers: AVD

Keywords: breaking news: politicsenvironmentpoliticsamerican vanguard corpwhite housecongressjim jordanbusiness newswashingtoneconomy

Source: https://www.cnbc.com/2023/12/11/house-panel-subpoenas-vanguard-arjuna-in-esg-collusion-probe.html


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