The American Sustainable Business Council filed suit against Attorney General Ken Paxton and Comptroller Glenn Hegar, alleging thatSenate Bill 13violates the First and Fourteenth Amendments. Advertisement The so-called anti-ESG law (which stands for environmental, social and governance) has led ...
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ESG Firms Invested in Coal Industry They Tried to Reduce, While Reaping Big Profits, Lawsuit Alleges December 3, 2024Just the News The State of Texas has been a leader in the pushback against environmental, social and governance (ESG) policies, passing some of the first anti-ESG laws in ...
Known as the “anti-ESG law” — which stands for “environmental, social and governance” —Senate Bill 13requires state entities, including state pension funds and the enormous K-12 school endowment, to divest from companies that have reduced or cut ties ...
A Texas state Senate committee is demanding that four top financial services firms hand over details of their investment practices as part of an investigation into the companies' so-called environmental, social, and governance (ESG) standards and how they impact the state's public pensi...
DEI and ESG Commitments Could Lead to Enforcement Actions if Found to Violate State or Federal Laws Jan 24, 2025 State Net-Zero Banking Alliance is an anti-energy activist organization that requires its members to prioritize a radical climate agenda over consumer and investor interests. Read More...
JPMorgan Chase & Co., which has mostly been absent from the business of underwriting Texas municipal bonds for the past year, plans to revive its work with the state and its local governments soon.
Court finds Active Super made misleading ESG claims in a greenwashing action brought by ASIC ASIC The Federal Court has found LGSS Pty Limited, as trustee of the superannuation fund Active Super (Active Super), contravened the law in connection with various misleading representations concerning its...
As applied to Texas, that clarity of purpose over fossil energy takes on special meaning, asthe new state law SB 13took effect last year. SB 13 is aimed at stifling the impact of ESG investing on fossil energy companies. It stipulates that public pension plans in Texas cannot invest in, ...
“We give the school districts a variety of options to choose from,” he said. “Especially in some of the rural communities, some of our school districts are not going to find a full-time law enforcement officer to be able to do this. And so we utilize the guardianship marshal program...