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.