Tag: ESG

Capital and Risk, Insurance

Texas Anti-ESG Push Is Coming for Insurers and Pensions in New Bills

March 6, 2023

Via: Insurance Journal

A Texas lawmaker is seeking to broaden the fight against ESG (environmental social governance) policies by imposing further limits on the types of investments state pension managers can make and restricting shareholder proposals that would dictate insurance companies’ business with […]

Activity, Investment Banking

Biden’s ESG Investment Rules Threaten Your Retirement Savings

January 17, 2023


President Joe Biden’s Labor Department recently announced a new rule that will permit money managers to play politics with trillions of dollars of people’s retirement savings. The administration is pushing environmental, social and governance investing, which allows retirement fund managers […]

Capital and Risk, Macroeconomic

KY State Treasurer: ESG Investing ‘Puts Our Pensions at Risk’ and ‘Harms Our Economy in Kentucky’

November 15, 2022


“Elections matter” and Americans should strive to “elect people that are representing the interest of pensions,” said Kentucky State Treasurer Allison Ball on Monday in Washington, D.C. She also sharply criticized ESG investing and explained that many voters are unaware […]


SEC investigates Goldman Sachs’ ESG mutual funds

June 13, 2022

Via: Banking Dive

SEC rules defining ESG investing and its requirements are not final, so the regulator, for now, is looking to see how ESG fund investment in practice lines up with companies’ promises to shareholders. Goldman manages at least four funds that […]