to ESG governance and to United Nations-backed sustainable development goals as "Satan’s plan" when speaking to a meeting of Republicans.to the global connections of top funds and characterize industry efforts like the Net Zero Asset Managers initiative as radical.
Utah Bankers Association President Howard Headlee said the new law could have unintended consequences. For instance, if federally-regulated local banks faced new national rules on an issue like climate change disclosures, banks would need special permissions from local officials to keep public business in Utah he said.
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Factbox: Industry targets of U.S. Republicans' anti-ESG effortsRepublican federal and state lawmakers, governors, and attorneys general are pushing back on growing efforts by investors and executives to include environmental, social and governance (ESG) factors in their business decision making.
La source: Reuters - 🏆 2. / 97 Lire la suite »
Companies are laying low on ESG as backlash intensifiesPromoting environmental, social and governance policies was once an easy layup to score good press. Now, it's a way to court controversy, the ire of politicians, and attention from well-funded anti-ESG groups.
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GOP bill takes on ESG banking rules to limit ‘woke’ investment decisionsRepublican Rep. Andy Barr is rolling out legislation that would prohibit banks from denying fair access to financial services for political purposes, Fox News Digital has learned.
La source: FoxNews - 🏆 9. / 87 Lire la suite »