Why banks are getting caught up in the partisan ESG battle

A group of congressional Democrats is calling on JPMorgan Chase and Wells Fargo to stop working with the conservative State Financial Officers Foundation, which Democratic lawmakers say spreads misinformation about sustainable and green investing. POLITICO’s Jordan Wolman discusses why this issue is attracting attention from Democrats, how influential the foundation has been across the country and the response from banks as they navigate accusations about their ESG policies from Democrats and Republicans. Plus, Special Climate Envoy John Kerry and his Chinese counterpart have directly communicated in recent days but climate talks between the countries remain in “limbo.”  Josh Siegel is an energy reporter for POLITICO.  Jordan Wolman is a sustainability reporter for POLITICO.  Nirmal Mulaikal is a POLITICO audio host-producer.  Raghu Manavalan is a senior editor for POLITICO audio. Jenny Ament is the executive producer of POLITICO’s audio department.