Tennessee's top legal officer has demanded ten major asset managers provide information over how they seek to tackle climate change, as part of an investigation into potential breaches of consumer law.
by Republican officials have not led to charges, the letters mark an escalation in attacks on so-called environmental, social and governance investing practices.
But some argue that it could have a chilling effect on ESG conversations, and say the state actions may have already made companies less willing to talk about such issues. In statement, Skrmetti's office said he is "highly concerned with corporate collusion," but did not detail specific potential violations.
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