Analysis: State anti-ESG laws could cost taxpayers hundreds of millions ...Middle East

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Analysis: State anti-ESG laws could cost taxpayers hundreds of millions
source : The Hill ( Middle East ) () 27
State-level efforts to penalize companies for use of environmental, social or governance (ESG) goals in investments could cost taxpayers over $708 million, according to a study published by the nonprofit Sunrise Project. ESG incorporates environmental and social factors into investment decisions along with traditional financial metrics. Conservative critics of the practice have argued it introduces a political agenda to what should be a purely financial decision. Eighteen states have either proposed or passed legislation restricting the state from doing business with companies that practice ESG, and Kentucky Attorney General Daniel Cameron (R) has announced an investigation into the

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