Kentucky Joins Growing Movement to Blacklist ESG Banks

State Treasurer: If they boycott fossil fuels, we won’t do business with them

The Kentucky State Capitol in Frankfort, Ky., on Oct. 1, 2022. Stefani Reynolds/AFP via Getty Images

Kentucky has joined a growing list of conservative states that have begun to boycott banks they charge are discriminating against the fossil fuel industry.

In compliance with a Kentucky law passed in March, State Treasurer Allison Ball yesterday released a list of banks that “are engaged in energy company boycotts.” This list included Wall Street giants BlackRock, Citibank, JPMorgan Chase, BNP Paribas, HSBC, and six other smaller banks.