U.S. Rep. Darin LaHood: ESG policies put retirement savings plans ‘at risk’ – Center Square

During a recent U.S. House Ways and Means Committee hearing, LaHood highlighted an article in the Harvard Business Review that said “corporate managers trying to maximize long term shareholder’s value should, of their own accord, pay attention to employee, customer, community and environmental interest on this basis. Setting ESG (environmental, social and governance) targets may actually distort decision making.”