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Dear Representative Jordan,

A number of my liberal friends have sent me the December 6, 2022 letter you and some of your colleagues in the House sent to Ms. Mindy Lubber, the Chief Executive Officer and President of Ceres, and Mr. Simiso Nzima, Managing Investment Director, Global Equity, CalPERS.

Let me say up front I’m a little disappointed I wasn’t even copied on the letter since the topic you address, “ESG policies,” is a domain where I have a certain degree of expertise and recognition. But it’s a Sunday and Christmas 🎄 is one week from today so, being in a charitable spirit, I will put my hurt feelings aside and take the liberty of writing you anyway. The issues you raise are important ones and my input might be helpful.

You were writing Ms. Lubber and Mr. Nzima since both of their organizations are co-founders of Climate Action 100+, “an investor-led initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.” This is for their own long-term prosperity, creating value for their shareholders, and contributing to job creation and vibrant communities in both red states and blue.

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Robert G. Eccles

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Robert G. Eccles of Saïd Business School, University of Oxford is the author of a number of books on integrated reporting, sustainability and the role of business in society. His focus is on sustainability from both a company and investor perspective. Professor Eccles is also involved in a variety of initiatives to embed environmental, social, and governance (ESG) issues in real world decision making. One of these is the Sustainability Accounting Standards Board (SASB), of which he was the founding chairman. In 2018, Professor Eccles was selected by Barron’s as one of the top 20 influencers on ESG investing.

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