The Rise of State Anti-ESG Legislation
Fordham Law News
NOVEMBER 11, 2022
1] In 2021, Texas enacted Senate Bill 13, a law that prohibits the state from doing business with financial institutions that the state deems are boycotting energy companies. [2] 2] The law tasks the Texas Comptroller with keeping track of such financial companies. [3] 4] The list includes BlackRock, BNP Paribas, UBS Group AG. [5]
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