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Green funds took off the last time the Republican won the White House—but this time is different. Photographer: Christmas / Alamy When Donald Trump first won the White House in 2016, his victory created one of the all-time best sales pitches for green-minded investment funds: If Washington wasn’t going to push for a transition to …
Trump Threatens ESG Investing That Thrived in His First Term Read More »
Oklahoma study shows anti-ESG law has caused higher debt costs The state’s house is considering the Republican-backed bill Lawmakers in Oklahoma are having second thoughts about anti-ESG legislation that limits which Wall Street banks local governments can do business with. A Republican-introduced bill that would narrow the scope of a state law that blacklisted financial firms for their restrictions …
Republicans Weigh Rolling Back Anti-ESG Law They Passed Read More »
US fund giants JPMorgan Asset Management, State Street Global Advisors and Pacific Investment Management Co. withdrew from CA100+ this month. US Representative Jim Jordan has been one of the key forces behind the Republican Party’s war on environmental, social and governance policies. When global warming is politicized, professional investors are unable to do their jobs properly. …
Climate Investors Warn the Right Is Winning the War on ESG Read More »
Bloomberg Texas passed two laws in 2021 that restrict government contracts with companies that take what state officials regard as punitive stances toward the fossil fuels and firearm industries. They’re among the many new laws pushed by Republicans in states across the US to oppose ESG investing and financing, which they’ve made into a culture …
Why Texas Is Banning Banks Over Their ESG Policies Read More »
Texas oil giant wants court to interpret SEC rule-making Exxon names Follow This, Arjuna Capital as defendants in case Exxon Mobil Corp. filed a lawsuit against US and Dutch climate activist investors in an effort to remove what it describes as their “extreme agenda” from the ballot at its annual shareholder meetings, and force a stricter …
Exxon Sues ESG Investors to Stop Climate Proposals on Ballot Read More »
An impending U.S. Supreme Court ruling that could curb the regulatory powers of federal agencies may play a critical role in a challenge by Republican-led states to a rule issued by President Joe Biden’s administration allowing socially conscious investing by employee retirement plans, a court filing filed.The 26 states, led by Utah and Texas, asked …
U.S. Supreme Court Ruling on Agency Powers May Impact Biden ESG Investing Rule Read More »
