

On Tuesday, House Judiciary Committee Chairman Jim Jordan (R-OH) and Subcommittee on the Administrative State, Regulatory Reform, and Antitrust Chairman Thomas Massie (R-KY) sent a letter to more than a hundred U.S.-based companies demanding information about their involvement with the extreme leftist Environmental, Social, Governance (ESG) cartel Climate Action 100+.
The letters are the latest step taken to uncover the extent to which the companies may have illegally colluded, a Judiciary Committee press release explains:
“The Committee continues to examine whether existing civil and criminal penalties and current antitrust law enforcement efforts are sufficient to deter anticompetitive collusion to promote ESG-related goals in the investment industry.
“The over 130 companies, retirement systems, and government pension programs with membership in Climate Action 100+ must answer for their involvement in prioritizing woke investments over their own fiduciary duties.”
The letters inform the companies that the committee is conducting oversight of the adequacy and enforcement of U.S. antitrust laws, citing the findings of its interim report:
“As detailed in its June 11, 2024, interim report, enclosed for your reference, the Committee has uncovered evidence that financial institutions are colluding with climate activists through initiatives like Climate Action 100+ to adopt left-wing environmental, social, and governance (ESG)-related goals, potentially in violation of U.S. antitrust law.
“Climate Action 100+ was ‘designed to harness the collective influence of’ its investor signatories ‘to spur companies’ on its focus list ‘to accelerate their emission reductions’ to net zero in line with the Paris Agreement’s goal of limiting global warming.”
In June, the committee released "Climate Control: Exposing the Decarbonization Collusion in Environmental, Social, and Governance (ESG) Investing," which details direct evidence of a "climate cartel" consisting of left-wing activists and major financial institutions that collude to impose radical environmental, social, and governance goals on American companies.
“It’s a cartel. Any one of these companies operating alone with these ESG policies hurtful to consumers would go out of business in a free and open market,” Chairman Massie wrote in a social media post.
The letter sets a deadline of August 13, 2024, at 12:00 p.m. to provide the requested information.
The names of the companies receiving letters are listed by state here.