North Carolina bill banning ESG in hiring, investment sent to governor’s desk

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The North Carolina Senate sent a bill banning the consideration of environmental, social and governance scores in state hiring and investment decisions to the governor's desk.

North Carolina is one of many states attempting to fight ESG. Gov. Ron DeSantis, R-Fla., signed a bill in May barring state officials from investing public money to promote ESG goals and prohibiting ESG bond sales.

Thirteen states have also considered measures to prevent discrimination against the fossil fuel industry, while three states have introduced bills that would restrict both disadvantaging fossil fuel companies and considering ESG factors in state investment decisions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in BUSİNESS

Business Business Latest News, Business Business Headlines