Utah legislators took aim this week at companies they fear are distorting financial markets with their environmental and social agendas, but the legislation they rolled out doesn’t appear to affect how Utah currently does business.
The anti-woke rhetoric was thick on Capitol Hill, but the bills would change little in how funds are managed and contracts are awarded in Utah.
The bills are the culmination of months of legislative effort. There were more than 35 bill requests for anti-ESG legislation, but only four made it to introduced bills. State Treasurer Marlo Oaks is pleased with legislation aimed at restricting ESG investments, even though he acknowledges none of the bills would change the way Utah does business. Here, Oaks addresses fellow Republicans at the Davis County Republican nominating convention at Farmington High School, on Saturday, March 26, 2022.essentially opens a new front in the anti-ESG battle by relying on an antitrust argument.
“It started with the UN,” said Ivory, “and it’s branched out to others in what we’re coming to see as ESG and other actions where major companies sign into things known as Glasgow Financial Alliance, The Net Zero Bankers Alliance, the Net Zero Asset Management Alliance, The climate 100. They actually sign pledges to dry up capital, products and services they don’t like for a political agenda.”members of the United Nations Net Zero Bankers Alliance.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Vivek Ramaswamy, presidential hopeful and anti-ESG crusader: U.S. should ‘abandon climate religion’Vivek Ramaswamy’s 2024 bid for president might be a long shot but the wealthy “anti-woke” entrepreneur is expected to invigorate national debate around the precept of investing based on environmental, social, and corporate governance or ESG.
Baca lebih lajut »
Utah Utes mailbag: Is Utah in a holding pattern with Pac-12 questions unanswered?Utah Utes mailbag: What are Utah_Football's biggest concerns heading into the spring?
Baca lebih lajut »
Richard Badenhausen: Do concerns of Utah’s Legislature align with Utah’s young citizens?Gov. Cox’s State of the State address was aimed at the youth. So as the legislative session wraps up, how is the state doing to address the concerns of young people?
Baca lebih lajut »
Florida Students Stage Walkout Over DeSantis' Anti-Trans, Anti-Diversity PoliciesThe Republican governor is 'manipulating Florida’s education system,' protesters say.
Baca lebih lajut »
Pence's nonprofit rolls out digital ad campaign to take on ESGA nonprofit founded by former Vice President Mike Pence unveiled a major ad campaign to combat a controversial investing movement that critics decry for pushing 'woke' politics.
Baca lebih lajut »
Republicans seek records on SEC's climate proposal as part of push against ESG investing plansTop Republicans in the House and Senate demanded detailed information from SEC Chair Gary Gensler on a polarizing climate disclosure proposal.
Baca lebih lajut »