Group sues Texas over “anti-ESG” law September 4th, 2024 A nonprofit organization has filed a lawsuit against Texas seeking to overturn a 2021 bill that limits investments in businesses that “boycott energy companies”. The American Sustainable Business Coalition, which represents more than 200,000 businesses, filed a suit against Attorney General Ken Paxton and Comptroller Glenn […]
Read MoreOklahoma Attorney General Gentner Drummond has fired the Treasurer-appointed legal counsel on the state’s anti-ESG law case.
Read MoreSeveral major shareholder resolutions are set to be held in the coming weeks, including numerous Canadian banks voting on remuneration requests.
Read MoreThe Oklahoma legislature has advanced two bills to amend its anti-ESG law, which introduces regulations for state pension systems considering ESG factors in investment decisions.
Read MoreShareholder voting rights could be under threat in the US as oil company ExxonMobil filed to sue investors over an ESG vote at its AGM.
Read MoreThe Securities Industry and Financial Markets Association (SIFMA) has filed a complaint over two Missouri Securities Division rules on providing financial advice based on ESG factors.
Read MoreThe Republican-led US congressional Financial Services Committee (FSC) has proposed a series of bills that are designed to limit the impact of ESG initiatives.
Read MoreThe US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.
Read MoreA North Carolina anti-ESG bill has become law after a Democratic veto was overturned.
The new law prohibits state agencies and state pension plan fiduciaries from considering ESG measures when making investment decisions.
Read MoreFlorida passes anti-ESG bill April 5, 2023 Florida has become the latest Republican state to prohibit the inclusion of ESG considerations in investment decisions, following similar legislation that passed in Kansas. Governor Ron DeSantis signed an anti-ESG bill to require the Florida State Board of Administration to make investment decisions based “solely on pecuniary factors.” […]
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