Republicans want to wipe ESG off the financial map

We're seeing the negative effects of climate change far earlier than predicted, says ESG legal expert Sonali Siriwardena. (Image: Getty)

Bloomberg

Tue, 30 Aug 2022

By Frances SchwartzkopffInvestment professionals are warning that a Republican campaign seeking to wipe ESG off the financial map puts at risk the savings of ordinary Americans caught in the political crossfire.Environmental, social and governance investing is now under attack in the world's largest economy. Florida Governor Ron DeSantis this week banned state pension funds from screening for ESG risks. Texas is seeking to isolate financial firms it says are hostile toward the fossil-fuel industry. And in Arizona, Republican Senate nominee...

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