The anti-ESG sentiment among Republican lawmakers is not reflective of the public's rejection of sustainable investment practices. The movement lacks support from investors, public fund managers, and even other Republicans.
Listening to Republican lawmakers and conservative voices, you might think that the ESG investment movement — which focuses on environmental, social and governance factors — is coming to an end. Growing anti- ESG sentiment among lawmakers, they would argue, is reflective of how the public is rejecting “woke” sustainable investment practices. We are here to tell you that this is simply not the case.
Behind the smoke and mirrors of the anti-ESG fad lies a crumbling edifice with little support among investors, public fund managers or even other Republicans. Let’s go through a few examples. In September, U.S. District Judge Matthew Kacsmaryk, a far-right conservative who was appointed by then-President Donald Trump, rejected a challenge to a federal rule allowing employee retirement plans to consider ESG risk information in investment decision
ESG Investment Republican Lawmakers Sustainable Investment Support Public Fund Managers
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