Republicans Poised for More Anti-ESG Fights in 2023

Republicans Poised for More Anti-ESG Fights in 2023
Florida Gov. Ron DeSantis in Las Vegas, Nev., on Nov. 19, 2022. Wade Vandervort/AFP via Getty Images
Naveen Athrappully
Updated:
0:00

Republican lawmakers are set to take on the environment, social, and governance (ESG) agenda this year, with multiple states like Florida, Indiana, and Oklahoma targeting the use of such policies for business purposes.

The Republican charge against ESG is being led by some of the GOP’s biggest names, including former Vice President Mike Pence, Florida Gov. Ron DeSantis, and Texas Gov. Greg Abbott. DeSantis finds it troubling that ESG investors prioritize “woke corporate ideals” and nonfinancial factors as part of their investing process, according to the “People Before Corporate Power” presentation uploaded on the Florida governor’s website.