Congress Probes US Participants in CA 100+

Republican members of the House of Representatives have asked US investor network Ceres and CalPERS, the California-based pension scheme, to share documents and communications relating to their participation in Climate Action 100+, alleging potential breaches of anti-trust laws. In a letter signed by six representatives, including ranking member Jim Jordan, the investor-led initiative, which engages with the world’s largest emitters of greenhouse gases, is charged with operating “like a cartel”. The letter was addressed to Mindy Lubbers, CEO of Ceres, one of five investor networks supporting CA100+, and Simiso Nzima, Managing Investment Director of Global Equity at CalPERS, and a board member of Ceres. It follows a narrow victory in the House of Representatives during recent mid-term elections by the Republican party, which has taken a number of actions at state level against financial institutions over the ESG policies.


The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2023 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top
Newsletter SignupReceive all the latest stories from the ESG Investor editorial team

Subscribe to our free weekly newsletter below and never miss a story.