MIAMI — Continuing to target what he calls “woke” corporations, Gov. Ron DeSantis wants to prohibit state investments that use “environmental, social and governance” ratings, which can include taking into account impacts of climate change.
DeSantis plans to have the State Board of Administration, which oversees investments, direct pension-fund managers against “using political factors when investing the state’s money.” So-called ESG policies have drawn criticism from Republicans across the country.
“We want them (fund managers) to invest the state’s money for the best interests of the beneficiaries of those funds, which is, again, the people that are retired cops and teachers and other public employees,” DeSantis said Wednesday during an appearance at a Tampa restaurant.
