The office of Montana Gov. Greg Gianforte (R) released the following statement on January 18 announcing that Montana has joined several other states in prohibiting non-financial considerations, including considerations related to ESG, in the state’s investments:
“Governor Greg Gianforte and the Montana Board of Investments today announced the State of Montana has reaffirmed its commitment to maximizing returns on the over $26 billion in investments of the state’s financial assets, not advancing a political agenda through Environmental, Social, and Governance (ESG) investing.
“‘As the State of Montana invests its financial assets, our priority is and should always be maximizing returns for our shareholders – the people of Montana,’ Governor Gianforte said. ‘On my watch, we won’t undermine taxpayers’ returns on investment in favor of the trend of activist, woke capitalism through ESG investing.’
