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EXPLAINED: 2 | Rare Historical Photos

Economy and Society, August 9, 2022: NYC newspapers differ over ESG and its opponents

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

Economy and Society, August 2, 2022: Governor DeSantis bans ESG criteria in state pension fund management

Ballotpedia

Michael Hiltzik: The GOP is now complaining about environmentally conscious investing

In May, Elon Musk went on the warpath against the investment model known by the initials ESG, short for "environmental, social and governance" principles.

Los Angeles Times

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Economy and Society: Passive fund ownership of US stocks overtakes active—for first time

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GOP directs culture war outrage toward green investing craze

Red state officials are coming out swinging against growing Wall Street efforts to consider environmental risk in investment decisions

The Independent UK

Economy and Society: Academic pushback against SEC climate action

Ballotpedia

Texas stumbles in its effort to punish green financial firms

A new Texas law that penalizes financial institutions trying to go green is full of loopholes, and is straight up ignored. But other states are following Texas's punitive approach all the same.

WEKU

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Economy and Society: Responses to BlackRock CEO annual letter

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