"State GOP Agriculture Commissioners Launch Probe of US Banks Over ESG Investing"
Originally Published 1 year ago — by Fox Business
A coalition of 12 Republican state agriculture commissioners are investigating six large U.S. banks over their involvement in the Net-Zero Banking Alliance, expressing concerns that the banks' net-zero commitments could negatively impact American farmers, food availability, and consumer prices. The officials argue that the banks' climate initiatives may lead to impractical and costly changes in farming operations, potentially endangering the country's food security. They have requested information from the banks and are pushing back against what they see as a threat to American agriculture posed by the ESG movement.