
State legislatures enacted 14 ESG-related bills during the 2026 legislative sessions, including two that became law after lawmakers overrode gubernatorial vetoes. This was the fewest ESG bills enacted in a single year since 2021. Legislators introduced 174 ESG-related bills this year. Fourteen became law, one was vetoed, eight advanced to a second chamber, 72 are…

Five states — Tennessee, Oklahoma, Indiana, Kentucky, and Kansas — enacted proxy advisor disclosure laws during the 2026 legislative sessions, making proxy advisor regulation the most common ESG-related policy approach enacted this year. Kentucky and Kansas enacted their laws after Republican-controlled legislatures overrode vetoes from Democratic governors. Proxy advisory firms, including Institutional Shareholder Services (ISS)…

Environmental, social, and corporate governance (ESG) investing has emerged as a central issue in the Nov. 3 race for Connecticut treasurer. The Connecticut treasurer is responsible for overseeing the financial investment of state monies, including through the state's public pension funds. Connecticut law allows the state treasurer to consider the social, economic, and environmental implications…

The Employee Benefits Security Administration (EBSA), part of the Department of Labor, submitted a proposed rule to the Office of Information and Regulatory Affairs (OIRA) on June 30, 2026. The proposed rule would restrict plan fiduciaries from prioritizing environmental, social, and governance (ESG) and diversity, equity, and inclusion (DEI) factors when selecting investments and exercising…

Federal judges struck down state proxy advisor disclosure laws in Kansas and Indiana within four days of each other in late June 2026, handing Institutional Shareholder Services (ISS) and Glass Lewis their second and third consecutive court victories against such laws. On June 24, U.S. District Court Judge Holly L. Teeter of the U.S. District…

The California Air Resources Board (CARB) delayed the state’s first corporate emissions reporting deadline from Aug.10, 2026, to Nov. 10, 2026. CARB gave companies with more than $1 billion in annual revenue that do business in California an additional three months to report their direct (Scope 1) and indirect (Scope 2) greenhouse gas emissions under…