Deep red state proposal triggers anti-ESG policy debate
Oklahoma's state accounting raises concerns about the law he says could open more doors for the controversial practices of “environmental, social and governance” in the deep red state. Senate Bill 714 amends the Energy Discrimination Elimination Act of 2022 to take away the “enforcement agency” of law's treasurer and hand it over to the state […]
Texas sued by environmental activist over ‘unconstitutional’ anti-ESG law
Texas was sued Thursday by a nonprofit group seeking to block a state law that targets companies that support environmentally friendly policies and reducing reliance on fossil fuels. The American Council for Sustainable Business said the 2021 legislation, known as Senate Bill 13, violates lawmakers' free speech rights by barring Texas from investing in or […]
Judge strikes down anti-ESG rule in Missouri
A federal judge has struck down a Missouri rule aimed at limiting the influence that environmental, social and governance (ESG) policies can have on investment advice. U.S. District Judge Steven Baugh on Wednesday sided with the Securities Industry and Financial Markets Association. In order On all four counts, the lawsuit argues that the rules violate […]
Oklahoma attorney general fires legal team after judge blocks anti-ESG law
Oklahoma’s attorney general hired to defend a state law that prohibits state pension plans from contracting with companies that restrict investment in the oil and gas industry, days after a judge temporarily blocked enforcement of the law. announced that it would lay off its external legal team. Republican Attorney General Gentner Drummond said in a […]