As You Sow Statement on Today’s House Judiciary Anti-Climate, Anti-Investor Subcommittee Hearing

Today, the U.S. House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust held a hearing on investors’ action to address climate change, the latest chapter of a protracted investigation into what the Judiciary Committee majority alleges are antitrust violations among investors responding to the severe economic threat posed by climate change. The Committee has targeted As You Sow and 13 other organizations with an investigation. Arjuna Capital, Ceres, and CalPERS were called as witnesses in today’s hearing.

Climate ChangeAs You SowJune 12, 2024climate, house judiciary, shareholder advocacy

House Judiciary Committee Issues Subpoena to Silence Shareholders

As You Sow, the nation’s leading shareholder advocate, today received a subpoena from the House Judiciary Committee demanding the organization provide documents related to its work with companies related to climate risk. This follows an Aug. 1 letter from the Committee arguing that “As You Sow is potentially violating U.S. antitrust law by entering into agreements to ‘decarbonize’ corporate assets and reduce emissions to net zero — with potentially harmful effects on Americans’ freedom and economic well-being.” The Committee sent similar letters to Institutional Shareholder Services (ISS), Glass Lewis, Engine No.1, Trillium Asset Management, Arjuna Capital, and Aviva Investor Americas.

As You SowNovember 1, 2023Congress, house judiciary, subpoena, anti-trust