ESG and Politics: Investment Firms and Officials Clash.

1 min read
Source: CNBC
ESG and Politics: Investment Firms and Officials Clash.
Photo: CNBC
TL;DR Summary

Vivek Ramaswamy's asset management firm, Strive Asset Management, has engaged with Republican Party officials against environmental, social and governance (ESG) investing, according to private email correspondence reviewed by CNBC. Ramaswamy, who is running for president, has urged companies to stay out of politics, but his firm has become a leading voice against ESG investing and has gained notoriety for its investment strategy on fossil fuels. Strive has organized calls featuring anti-ESG Republican officials and has gained access to government officials to discuss its business ventures.

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