Tag: economy and society

  • Congress rejects ESG in retirement 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. Congress rejects ESG in retirement plans The House of Representatives voted on…

  • House to vote this week on Department of Labor’s ERISA/ESG rule

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    ESG Developments This Week In Washington, D.C. House to vote this week on Department of Labor’s ERISA/ESG rule Fox News reported on February 24 that the U.S. House will vote this week on a measure opposing the Labor Department’s rule allowing ESG consideration in ERISA-governed retirement funds: House Republicans will vote on legislation next week…

  • A look ahead at ESG in 2023

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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. A look ahead at ESG in 2023 This week, we’re taking a look at what some analysts are predicting…

  • House Republicans ramp up ESG opposition

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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. Have a minute and an opinion? Take our 2023 reader survey! ESG Developments This Week In Washington, D.C. House…

  • States sue Biden administration over ESG in retirement plans

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    ESG Developments This Week In Washington, D.C. House Democrats form new caucus to support ESG As the new Republican House majority prepares to push back against ESG investing, some House Democrats have launched their own ESG-related caucus to counter Republicans’ efforts: A group of House Democrats is forming a caucus to advocate for sustainable investing…

  • Montana governor announces ban on ESG considerations in state investments

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    ESG Developments This Week In the states Montana governor announces ban on ESG considerations in state investments The office of Montana Gov. Greg Gianforte (R) released the following statement on January 18 announcing that Montana has joined several other states in prohibiting non-financial considerations, including considerations related to ESG, in the state’s investments: Governor Greg…

  • 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,…