Tell your House Representative: Protect my freedom to invest responsibly by joining the Sustainable Investment Caucus.

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Dear Green American,

This month, against all common sense, House committees are sending two bills that encompass a broad attack on responsible investing to the House floor for a vote.

These bills roll together eight previous bills that attack all aspects of responsible investing, including disclosure requirements, shareholder advocacy, banking regulations, and retirement plans.

We must fight back. Tell your House representative: Protect my freedom to invest responsibly.

HR 4790, “Prioritizing Economic Growth over Woke Policies Act,” would in part:

Require disclosure requirements only on “material” factors and allow companies to decide what is material

Create an “advisory committee” for the SEC made up of corporate executives but not shareholders

Allow corporations sole discretion on whether to include a shareholder resolution on their proxy ballots

Significantly increase requirements to resubmit a shareholder resolution within five years

Require banking regulators to submit extensive reports to Congress, including any interaction with an NGO on climate-related risk

HR 5339, “Protecting Americans’ Investments from Woke Policies Act,” would require retirement plans to:

Separate “pecuniary” and “non-pecuniary” factors, which legal experts say is impossible

Vote on shareholder resolutions only on the basis of profit

Label certain fund options as “prudently selected” and others as “not prudently selected”

These bills are an attempt by self-serving politicians funded by Big Oil to slow the energy transition, attack corporate progress, and roll back corporate commitments.

TAKE ACTION

These bills are in the financial weeds, which most people don’t understand. Here’s who does understand: the House Sustainable Investment Caucus, led by Reps. Sean Casten (IL-06) and Juan Vargas (CA-52).

But the Sustainable Investment Caucus needs more members – and that’s where you come in.

Tell your House Representative: Protect my freedom to invest responsibly by joining the Sustainable Investment Caucus.

Your House representative is more likely to consider joining the Sustainable Investment Caucus if they hear from you. Even if your representative would never join a sustainability caucus, it’s important they know responsible investing matters to you.

Contact your House Representative today.

Yours for a green economy,

..................

Cathy Becker
Responsible Finance Campaign Director
Green America

1612 K St NW #1000, Washington, DC 20006

(800)-58-GREEN    www.greenamerica.org

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