Tag: economy and society

  • Trump picks fossil fuel proponent for Department of Energy head

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    In this week’s edition of Economy and Society: In Washington, D.C., and around the world Trump picks fossil fuel proponent for Department of Energy head What’s the story? President-elect Donald Trump (R) announced Nov. 16 that he picked Chris Wright—who has previously said fossil fuel production helps drive economic growth and alleviate poverty—to head the…

  • New York City pension system joins net zero asset group

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    In this week’s edition of Economy and Society: Around the world British government drafts legislation to allow ESG ratings regulations What’s the story? The British government is circulating draft legislation that would allow the Financial Conduct Authority (FCA) to issue regulations for ESG rating services. Parliament is expected to introduce a finalized version of the…

  • Republicans pick up one state financial officer position

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    In this week’s edition of Economy and Society: In Washington, D.C. Trump election win may bring new ESG rules What’s the story? Changes to federal ESG rules are likely following Donald Trump’s (R) presidential election win. Two regulatory agencies specifically—the Securities and Exchange Commission (SEC) and the Department of Labor (DOL)—have promulgated significant rules favoring…

  • Oklahoma AG appeals ESG ruling to state Supreme Court

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    ESG developments this week In this week’s edition of Economy and Society : In the states Oklahoma AG appeals ESG ruling to state Supreme Court What’s the story? Oklahoma Attorney General Gentner Drummond (R) filed an appeal with the state Supreme Court seeking to overturn a lower court’s ruling against the state’s anti-ESG law. The…

  • Ten state treasurer, eight state auditor elections scheduled for Nov. 5

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    ESG developments this week In this week’s edition of Economy and Society : Election Day is in one week, and Ballotpedia staffers will be working around the clock to bring our readers updates on the latest election results. Next week’s edition of Economy and Society will land in your inbox on Thursday, but don’t worry…

  • Law firm alleges BlackRock misled investors with environmental claims

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    ESG developments this week Economy and Society is Ballotpedia’s weekly review of ESG stories that characterize the growing intersection between business and politics. Around the world Law firm alleges BlackRock misled investors with environmental claims ClientEarth—an environmental law charity based in London—has filed a complaint with French regulators claiming BlackRock (the world’s largest asset manager)…

  • Congressional Republicans reintroduce REINS Act with new provisions

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    Rep. Kat Cammack (R-Fla.) and Sen. Rand Paul (R-Ky.) on Sept. 18 reintroduced the Regulations from the Executive in Need of Scrutiny (REINS) Act in the 118th Congress with four additional provisions that would: The background The REINS Act is a legislative proposal that would require congressional approval of major agency rules with an economic…

  • Alabama auditor argues ESG hurts agriculture

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    ESG developments this week Economy and Society is Ballotpedia’s weekly review of ESG stories that characterize the growing intersection between business and politics. Around the world Canadian government announces plans for climate disclosure rules Canada’s government plans to create new climate disclosure requirements for large companies, according to ESG Today. The government said it will…

  • Missouri withdraws appeal in ESG lawsuit

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    ESG developments this week Economy and Society is Ballotpedia’s weekly review of ESG stories that characterize the growing intersection between business and politics. In the states Missouri withdraws appeal in ESG lawsuit Missouri Attorney General Andrew Bailey (R) announced the state will withdraw its appeal of a court ruling overturning two anti-ESG investment rules. The…

  • European Commission sends 17 member states letters over ESG reporting requirement

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    ESG developments this week Economy and Society is Ballotpedia’s weekly review of ESG stories that characterize the growing intersection between business and politics. Around the world European Commission sends 17 member states letters over ESG reporting requirement  The European Commission sent letters notifying 17 member states of new infringement procedures over a lack of compliance…