A US House panel has issued a subpoena to an ESG corporate activist group as part of an investigation into their activities. The group, known for its focus on environmental, social, and governance issues, has been called to testify before Congress.
The subpoena comes amid growing scrutiny of ESG investing and activism, with lawmakers seeking to understand the impact these groups have on corporate decision-making. ESG criteria are used by investors to evaluate companies based on their commitment to sustainability, social responsibility, and ethical practices.