OPINION: Our ESG Act protects investors, limits your financial risks from left-wing activism
masquerading as corporate responsibility – and it’s bad for business and your retirement account.
For several years, wealthy progressives have quietly pushed America’s most powerful firms to adopt Environmental, Social, and Governance investing standards. These standards seek to achieve the social change in corporations that Democrats can’t pass in Congress.
Making matters worse, America’s largest ESG firms are likely violating antitrust laws by depriving the fossil fuel industry of investment. Attorneys general across the country are investigating ESG companies for antitrust violations and warning the public about the related financial risk. Some of our nation’s largest law firms, including Latham & Watkins, Baker McKenzie, and Hogan Lovells have warned their clients of the antitrust risks posed by the ESG movement.
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