Fifteen state attorneys general sent a letter to Business Roundtable, an organization of chief executive officers (CEOs), urging the organization and its member companies to withdraw their support for diversity, equity, and inclusion (DEI) initiatives.
The Republican state attorneys general are asking the business group to reverse its perceived support of ESG issues. The group issued a statement in 2019 redefining the purpose of a corporation to make businesses more focused on stakeholders, not just shareholders.
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.