Policy and Regulation

US state treasurers push back on anti-ESG legislation

PITTSBURGH, PA – AUGUST 19: Florida Gov. Ron DeSantis speaks at the Unite and Win Rally in support of Pennsylvania Republican gubernatorial candidate Doug Mastriano at the Wyndham Hotel on August 19, 2022 in Pittsburgh, Pennsylvania. During his visit to the state, DeSantis urged Republican voters to stand behind Doug Mastriano. (Photo by Jeff Swensen/Getty Images)

ESG policies are in the Republican’s firing line but the fightback is beginning.

Treasurers in 14 US states signed a letter insisting that, over the longer term, forcing investors to ignore the reality of climate change and the economic transition will harm everyone, financial institutions and taxpayers alike.

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