Rubio to SEC: How Will “ESG” Rules Apply to Doing Business with Communist China?

Rubio to SEC: How Will “ESG” Rules Apply to Doing Business with Communist China?

U.S. Senator Marco Rubio sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler and Commissioner Allison Herren Lee regarding the impact of the SEC’s agenda on so-called environmental, social, and governance (ESG) metrics, and whether those same standards would apply to companies based or operating in the People’s Republic of China (PRC).