An Oklahoma law passed in 2022 required the state treasurer to maintain a list of businesses ineligible to do business with the state due to ESG investing policies. But the Oklahoma Public Employees Retirement System’s board voted on Aug. 23 to retain its current roster of financial advisers, including businesses that were on the treasurer’s list, such as BlackRock.
Ballotpedia tracks support for and opposition to the environmental, social, and corporate governance (ESG) investing movement. To learn more about arguments for, against, and about ESG, click here. For more information on reform proposals related to ESG policy, click here.