House Panel Uncovers 'Climate Cartel' Influence in Exxon Board Changes
TL;DR Summary
The House Judiciary Committee has released an interim report alleging that a "climate cartel" consisting of financial firms and climate activists engaged in collusion and anticompetitive behavior to enforce ESG goals on U.S. companies. The report claims that this group attempted to replace Exxon Mobil board members in 2021 after the company refused to commit to certain climate pledges.
Topics:business#collusion#esg-goals#exxon-mobil#financial-industry#house-judiciary-committee#politics
- House Panel Says It Finds Proof of Collusion by ‘Climate Cartel’ Bloomberg
- House Committee Says It Finds Proof of ‘Climate Cartel’ Yahoo Finance
- US House panel finds BlackRock, other asset managers wary of joining climate initiative Reuters
- House committee report shows how cartel colluded to replace Exxon board members TipRanks
- GOP: ‘Climate cartel’ pushed out Exxon Mobil board members E&E News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
0 min
vs 1 min read
Condensed
6%
63 → 59 words
Want the full story? Read the original article
Read on Bloomberg