Republican state treasurers from across the country launched their strategies against leftist Environmental, Social, and Governance (ESG) policies at the State Financial Officers Foundation conference last week.
as stances associated with climate change, as well as the Diversity, Equity, and Inclusion agenda. Wall Street firms, such as BlackRock, for example, sell ESG as a way to invest in specific criteria that the political left pushes on voters and consumers.
This all comes as state treasurers like Murante and the rest of the SFOF, who are in charge of their state’s investment and 401k, pension, or retirement funds, are standing up to demand full financial analysis of any investment product to figure out where money is being invested.
Louisiana State Treasurer John Schroder, who is the national chair of SFOF, added that he didn’t pick the fight between the companies, but that he’s “not gonna let any company through its corporate boardrooms and some of these World Banks, as I like to call them, put Louisiana out of business, or Kentucky or West Virginia.”
Derek Kreifels, CEO of State Financial Officers Foundation , speaks at a press conference November 14, 2022.
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