On Monday, House Judiciary Committee Chairman Jim Jordan (R-OH) subpoenaed Vanguard and Arjuna Capital for documents and communications related to the Committee’s investigation into the sufficiency of current antitrust laws to address collusive agreements to promote and adopt left-wing environmental, social, and governance (ESG) goals.
The Committee wrote to Vanguard on July 6, 2023, to request that it produce documents and communications related to how Vanguard advances ESG policies, in addition to other key information. Although Vanguard has been producing some material on a rolling basis, its overall response to date has been inadequate.
The Committee wroteto Arjuna Capital on August 1, 2023, requesting documents and communications related to how Arjuna advances ESG policies, in addition to other key information. Although Arjuna Capital stated that its production was complete on September 18, 2023, its overall response to the Committee’s requests has been inadequate.
Read the full subpoena cover letter to Vanguard here.
Read the full subpoena cover letter to Arjuna Capital here.
