US
Featured

DeSantis Eliminates ESG From State Pension Investments

DeSantis Eliminates ESG From State Pension Investments
Florida Gov. Ron DeSantis speaks during a press conference at the Broward County Courthouse in Fort Lauderdale, Fla., on Aug. 18, 2022. Joe Raedle/Getty Images
|Updated:
0:00

PUNTA GORDA, Fla.–Gov. Ron DeSantis made good on his promise to take action against the environmental, social and corporate governance movement (ESG), which he called an “alarming trend” and a threat to the American economy.

On Aug. 23  the governor, along with trustees of the State Board of Administration (SBA), passed a resolution directing Florida’s fund managers to make investments that do not involve the ideological agenda of the ESG.