Tag: economy and society

  • Democrats push back against the ESG pushback

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    ESG Developments This Week In Washington, D.C. Democrats push back against the ESG pushback In response to House Republicans’ plans to use their new majority to investigate the ESG movement, three Democratic senators penned an op-ed accusing their GOP colleagues of overstepping. The three senators—Sheldon Whitehouse (D-R.I.), Brian Schatz (D-Hawaii), and Martin Heinrich (D-N.M.)—also accused…

  • Kentucky threatens to divest from 11 banks over ESG policies

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    ESG Developments This Week In the states Kentucky threatens to divest from 11 banks over ESG policies On January 2, Kentucky State Treasurer Allison Ball (R) issued a statement notifying 11 banks that their ESG policies amounted to energy boycotts that harmed the state’s economy according to definitions passed into law last spring. The statement…

  • Federal opposition to ESG in 2023

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    ESG Developments This Week In Washington, D.C. Congress makes plans to lead federal opposition to ESG in 2023 From state treasurers divesting pension and operating funds from BlackRock and other ESG providers to state attorneys general investigating the same providers over the impact of ESG on assorted policy matters, state officials led the pushback against…

  • Republicans map out their agenda on ESG and antitrust

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    ESG Developments This Week In Washington, D.C. Republicans map out their agenda on ESG and antitrust The Republican Party’s majority in the House of Representatives will take office in January, and some members and committees have already started laying out their ESG agendas for the new Congress. Among those are members of the Judiciary Committee,…

  • Vanguard announces exit from net zero climate investment alliance

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    ESG Developments This Week In Washington, D.C. The Fed and ESG On December 2, the Federal Reserve’s board of governors released its proposed rule on climate risks for big banks, including its proposed environmental stress tests. The board asked for public comments: “The Federal Reserve Board of Governors on Dec. 2 invited public comment on…

  • Economy and Society, November 15, 2022: Former BlackRock senior adviser expresses concerns with ESG

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In the States State Financial Officers Foundation holds a conference and makes an announcement This…

  • Economy and Society, November 10, 2022: Congressional Republicans discuss ESG and SEC oversight plans

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In Washington, D.C. Congressional Republicans discuss plans to investigate ESG and expand SEC oversight if…

  • Economy and Society, November 1, 2022: How will voters affect the control of state financial offices?

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week Election preview Across the country, voters are gearing up to decide the control of the…

  • Economy and Society, October 25, 2022: Missouri latest state to divest BlackRock funds over ESG

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In Washington, D.C. Proposed SEC ESG regulations could strain resources, argues inspector general report  According…

  • Economy and Society, October 18, 2022: South Carolina to divest BlackRock funds over ESG

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    Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics. ESG Developments This Week In Washington, D.C. Editorial argues against proposed SEC climate disclosure rule  On October 15, The…