An Oklahoma judge on May 7 paused enforcement of a 2022 state law prohibiting the state from contracting with businesses the treasurer identifies as boycotting oil and gas companies.
Following the enforcement pause, Attorney General Gentner Drummond (R) fired the legal team responsible for defending the law and blamed the team’s ineffectiveness on Treasurer Todd Russ (R). The American Accountability Foundation responded to Drummond’s actions with a press release arguing he has secret ties with BlackRock, the largest asset manager in the world and an institutional supporter of ESG.
Oklahoma Governor Kevin Stitt (R) weighed in on May 10, offering his support for the anti-ESG law and Treasurer Russ.
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.