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"Texas has been over the past decade the epicenter of the kind of extreme laws," says a spokesman for a national pro-ESG organization.
In connection with the 2021 law, Hegar maintains a list of 16 financial companies and more than 350 investment funds whose ESG policies he believes impermissibly target fossil fuel-based energy.
The anti-DEI efforts follow, and have gained momentum from, the backlash to Black Lives Matter and the implementation of laws to limit what can be taught about race in schools.
It is to be noted that amid allegations of greenwashing and stricter regulations, there is a notable decrease in funds incorporating ESG-related terms into their names. An increasing number of funds in the United States are removing ESG-related terms from their names, a trend not observed in Europe. [36]
Twenty-nine Jim Crow laws were passed in Texas. The state enacted one anti-segregation law in 1871 barring separation of the races on public carriers. This law was repealed in 1889. 1865: Juneteenth [Constitution] The people of Texas are informed that, in accordance with a proclamation from the Executive of the United States, all slaves are ...
Oklahoma policymakers might have believed they were shielding the state's energy industry, but in reality, they have burdened taxpayers with new costs. Oklahoma's 'anti-ESG' law is a saber ...
At least 20 states have adopted some type of anti-ESG legislation. In compliance with the Energy Discrimination Elimination Act, state officials are required to maintain a list of financial ...
The Oklahoma law prohibits state agencies from doing business with financial firms that limit investments in energy companies, and requires the state treasurer to maintain a list of those ...