(C) Common Dreams
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Live Anti-ESG State Legislation Tracker — Pleiades Strategy [1]
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Date: 2024-07
In red, blue and purple states alike, Anti-ESG policies have generated massive backlash from the business community, labor leaders, retirees, libertarians, environmentalists, and even some Republican politicians.
Much of the opposition honed in on the high costs of these harmful policies — with billions of dollars in potential lost pension returns and higher municipal financing costs.
These bills have faced significant opposition from across sectors, and the bills that became law were often heavily revised to weaken core provisions and minimize costs. Despite the amended provisions, the consequences of these laws have been harmful and costly to retirees, local governments, and working people.
For more information on costs, please see our 2023 report.
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[1] Url:
https://www.pleiadesstrategy.com/pleiades-anti-esg-bill-tracker-state-legislation-attacks-on-responsible-investing
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