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Why are Republicans in the U.S. Fighting Against ESG
December 28, 2022
Over the past year, Republican leaders in the U.S. have been increasingly fighting against environmental, social and governance (ESG) policies, in particular when it comes to investing state funds, arguing that the nation's top money managers are pursuing an ideological agenda at the expense of financial returns.
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ISS Benchmark Policy Updates for 2023 Reveal a Woke Agenda
December 26, 2022
The International Shareholder Services (ISS) announced its policy updates for 2023 that will affect U.S. companies, changing numerous policies including board gender diversity, racial equity audits and climate accountability.
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Florida’s New Senate President Joins DeSantis, GOP Leaders in ESG Opposition
December 20, 2022
Following Florida’s decision to withdraw $2 billion in investments from BlackRock, the fight against « Woke » financial practices continues as Florida’s new Senate President Kathleen Passidomo joins Gov. DeSantis and other Republican state leaders in opposing environmental, social and corporate governance standards (ESG).
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Texas Lawmakers Question BlackRock, State Street over ESG Investing
December 20, 2022
Republican lawmakers on the Texas State Committee on State Affairs questioned investment firms BlackRock and State Street on their investment practices based on Environmental, Social and Governance (ESG) policies to ensure that the state’s public pension funds are not being used to further a specific political or social cause.
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3 States Continue the Political Fight Against ESG
December 14, 2022
While several state treasury funds have dropped BlackRock and Environmental, Social, and Governance (ESG) investments, Republican leaders have had to continue working to break pension funds free, as politicians in Kentucky, Florida and North Carolina take the lead in the battle.