Tag: Environmental Social and Corporate Governance
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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 statute prohibits state contracts and investments with asset managers who—in the state treasurer’s view—boycott the fossil fuel industry. Why does it matter? Oklahoma’s decision on…
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Republican states pass 17 anti-ESG laws, Democratic states pass 8 pro-ESG in 2024
States passed 32 bills either supporting or opposing ESG investing in 2024. ESG investing is an asset management approach that considers the environment, social issues, and corporate governance practices. It’s a type of stakeholder investing, which argues shareholder returns should not be the only goal. Stakeholder investing contrasts with traditional approaches that exclusively consider financial…
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Missouri appeals federal court ruling blocking anti-ESG law
Missouri Secretary of State Jay Ashcroft (R) on Sept. 13 appealed the recent federal court decision that invalidated two of the state’s anti-ESG investing rules, published last year. 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…
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Republican treasurers argue against world’s largest proxy advisor
Fifteen Republican state treasurers sent a letter to Institutional Shareholder Services (ISS)—the world’s largest proxy advisory service—on September 5, arguing the company’s proxy recommendations were biased, citing a report by Consumers Research. Ballotpedia tracks support for and opposition to the environmental, social, and corporate governance (ESG) investing movement. To learn more about arguments for, against,…