ESG
Mark Cuban trashes politics at conference, calls DeSantis’ feud with Disney ‘bulls–t’
Mark Cuban may own a basketball team, but he came to the Mackinac Policy Conference to hit some zingers with his address. During a conversation that lasted a little more than half an hour, Cuban took aim at former President Donald Trump and politicians writ large, including those in attendance at the policy conference where […]
Arkansas panel votes to ban state investments with managers who consider ESG factors
Arkansas lawmakers voted on Wednesday to divest state holdings from financial services providers that do not invest in energy or firearms companies. Approval from the House State Agencies and Government Affairs Committee was House Bill 1307‘s first step to becoming law. It now goes before the full House for consideration. The bill directs the state […]
States that limit business with banks that ‘boycott’ fossil fuels could pay high costs, study says
Republican state policymakers’ efforts to boost fossil fuels by prohibiting their governments from doing business with companies that take sustainability into consideration has the potential to cost states millions, according to a study released Thursday. Researchers looked specifically at the possible effects on Florida, Kentucky, Louisiana, Missouri, Oklahoma and West Virginia if they passed Texas-like […]
Arkansas AG, 17 others ask SEC for more comment time on ESG rules
Arkansas Attorney General Leslie Rutledge joined her counterparts in 17 other states asking the Securities and Exchange Commission for more public comment time on proposed rules regarding so-called “woke” investment criteria. The new rules would require publicly traded companies to report additional climate-related data, like greenhouse gas emissions insights. They’d also require investors and funds […]
GOP leaders target ‘woke’ investments through state pension funds
Republicans in state capitals across the country are targeting an investing concept known as environmental, social and corporate governance criteria, or ESG for short. Describing these investment criteria as “woke” and “misguided activism,” GOP officials argue that by taking these factors into account when making investment choices, financial institutions are putting ideology ahead of making […]