Is The American Petroleum Institute An ESG Cartel?

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Robert G. Eccles of Saïd Business School, University of Oxford is the author of a number of books on integrated reporting, sustainability and the role of business in society. His focus is on sustainability from both a company and investor perspective.

I realize it seems like a bit of a stretch to pose this question. But trust me. I have a good reason for doing so. It’s important to know the answer to this question. If it is, Rep. Jim Jordan , Chairman of the House Judiciary Committee, has a bigger ESG problem on his hands than he knows. If theAnd lest you think that I, like Mr. Jordan, am grasping at invisible straws, let me present sone evidence for this concern.

When it comes to the back-and-forth on the validity of the antitrust claims being made by Mr. Jordan, I’ll let As You Sow speak for itself as it did in this November 1, 2023. Mr. Behar noted that “Contrary to the allegations in the subpoena, reducing climate emissions is critical to protecting American freedom and economic well-being.” Ms.

The term isn’t defined so context is important. In his letter to Mr. Herman, Mr. Jordan states, “As we explained both above and in our original letter, As You Sow has entered into apparently collusive agreements with Climate Action 100+ and other ESG cartels.” Footnote 35 to this claim references footnote 34 which refers to footnote 3 in the August 1 letter which is: “AS YOU SOW, ABOUT US, https://www.asyousow.org/about-us.” I dutifully checked out this link. No mention of cartels.

 

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