Opposition group campaigns against Biden ESG veto (2023)
| Environmental, social, and corporate governance |
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Consumers’ Research, an advocacy group that opposes ESG investing, ran a mobile billboard campaign ahead of Biden’s expected veto of Congressional Review Act legislation blocking a Labor Department ESG investing rule. The campaign criticized ESG and the Biden administration’s approach to ESG policy:
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An advocacy group that opposes environmental, social and governance (ESG) investing on Tuesday launched a mobile billboard campaign around Washington, D.C., ahead of President Biden’s expected veto of legislation targeting the investment practice. Consumers’ Research, a leading anti-ESG group, is funding mobile billboards and a targeted digital ad campaign criticizing the use of the principles among major money managers such as BlackRock. The mobile billboards will circulate around Capitol Hill and downtown D.C. The mobile billboards will feature images that say “What does ESG really stand for?” with acronyms like “Erasing Savings Growth” and “Elitists Socialists Grifters,” according to images first shared with The Hill. “I applaud House leadership and the bipartisan efforts in the Senate that pushed this legislation to the finish line,” Will Hild, director of Consumers’ Research, said in a statement to The Hill. “Unfortunately, President Biden is going to use his first veto to further the progressive agenda instead of putting the interest of the American people first.”[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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