Arizona Attorney General Stops State’s Probe Into ESG Banking Practices

Arizona Attorney General Stops State’s Probe Into ESG Banking Practices
ESG stands for Environmental Social Governance. Deemerwha studio/Shutterstock
Allan Stein
Updated:
0:00

Arizona Attorney General Kris Mayes announced that the state wouldn’t participate in further investigations of United States banks and financial institutions that engage in environmental, social, and corporate governance (ESG) lending and investment practices.

In a Feb. 13 statement, Mayes, a Democrat, accused her Republican predecessor Mark Brnovich of launching “politicized investigations” into the environmental sustainability policies of major financial banks and lending institutions.