I’m writing as your constituent today to ask that you oppose the far-right, fossil fuel-funded anti-ESG agenda.
It’s obvious that destroying our environment, union busting, exacerbating racial inequality, and appointing cronies to boards pose significant financial risks to companies, and that any prudent investor needs this information disclosed so they can take these risks into account.
Last month, the House Education and Workforce Committee passed several measures that attempt to restrict retirement savers and the investment institutions and advisors that manage their money from considering ESG factors when it comes to retirement investing. At the end of July, the House Financial Services Committee also passed several anti-ESG bills. These are disastrous bills, and I am urging you to vote “NO” on these, and any other anti-ESG legislation, because it puts long-term investments like retirement savings at risk.