State Street , BlackRock Subpoenaed by House , …

State Street , BlackRock Subpoenaed by House , Asked to Produce ESG Communications

The US House of Representatives has issued a subpoena to two leading fossil fuels firms, including BlackRock and State Street Global Advisors over their involvement in climate action and decarbonisation initiatives in the S&P 500 and Climate Action 100+ schemes aimed at reducing investment in greenhouse gas emissions.. But One of the UK s biggest assets managers have failed to comply with requests for documents related to de carbonisation, defence and investment policies. The committee is investigating the two companies, and the US Senate has rejected calls for the firm to turn over all documents that could violate antitrust laws and restrict consumer choice and limit the growth of consumers and consumer voting powers to avoid illegal actions designed to reduce the number of carbon dioxide revenues in US soil and carbon markets. They have been asked by the House Committee on the Judiciary Committee asking them to provide adequate documents to make them aware of how they appear to be involved in an environmental and social affairs scandal which is being investigated by US law enforcement officers for alleged collusive claims that two of them are among the companies responsible for intellectual property rights. Here is the full transcript of what it says is likely to have violated anti-terrorism law, writes the Washington Post newspaper, the BBC has learned, but does not explain why it is failing to do so.

Source: plansponsor.com
Published on 2023-12-18

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