ESG-driven initiatives in the corporate sector continue to expand. In response, controversial policy proposals are gaining traction in statehouses around the country, along with the newly formed Anti-ESG Alliance, a collection of 19 states pledged to protect their constituents from what the group calls a radical movement. And yet, for several states in the alliance, the drive to maintain or advance their pro-business reputation may stand in the way of large-scale anti-ESG policy and legislation. Andrew Herman and Michelle McClafferty of Lawrence & Bundy explore the tensions between self-proclaimed anti-ESG states and ESG-minded corporations, with a spotlight on Georgia and what we can learn from its string of high-profile showdowns with major corporations on topics like healthcare and election administration.
Though it’s not exactly new, the corporate ESG movement has gained significant momentum in recent years, as corporations and their stakeholders prioritize sustainable and responsible investment decisions.
ESG concerns are not limited to the corporate sector, however. Government and regulatory leaders are also speaking out, some for and some against ESG considerations, to articulate their vision for the country’s economic future. California Gov. Gavin Newson recently touted his state’s…
