SEC makes shareholder proposal no-action pause permanent In this week’s edition of Economy and Society: Ballotpedia · Aug 19
Global financial sector dropping key green pledges as Trump takes office Banks, asset managers and industry groups move to accommodate US president’s anti-net zero stance The Guardian - UK · Jan 20, 2025
House Judiciary Committee subpoenas ESG supporters 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 · Nov 7, 2023
‘Sustainable’ pension funds accused of greenwashing over billions held in oil and gas firms Warning comes as UK watchdog set to tighten rules for asset managers given short-term targets The Guardian - UK · May 14, 2023
Democrats push back against the ESG pushback In response to House Republicans’ plans to use their new majority to investigate the ESG movement, three Democratic senators penned an op-ed accusing their GOP colleagues of overstepping. The three senators—Sheldon Whitehouse (D-R.I.), Brian Schatz (D-Hawaii), and Martin Heinrich (D-N.M.)—also accused Republicans who oppose ESG of being anti-capitalist: Ballotpedia · Jan 17, 2023
Banks still investing heavily in fossil fuels despite net zero pledges – study Financial institutions signed up to GFANZ initiative accused of acting as ‘climate arsonists’ The Guardian - UK · Jan 17, 2023
Kentucky Threatens To Divest From 11 Banks Over Environmental And Social Policies Kentucky State Treasurer Allison Ball (R) notified 11 banks that their ESG policies had harmed the state’s economy. Zenger · Jan 12, 2023
Kentucky threatens to divest from 11 banks over ESG policies On January 2, Kentucky State Treasurer Allison Ball (R) issued a statement notifying 11 banks that their ESG policies amounted to energy boycotts that harmed the state’s economy according to definitions passed into law last spring. The statement says the banks have 90 days to stop what Kentucky argues are… Ballotpedia · Jan 10, 2023