It seemed for the longest time that ESG investments were becoming fragile due to questionable profitability. The IRA has changed that.
, signed earlier this month, establishes a standard for utilities to supply customers with electricity generated or procured from carbon-free resources, beginning at an amount equal to 80% of retail sales for public utility customers in 2030 and increasing every five years to reach 100% for all electric utilities by 2040.
Prohibits big banks, credit card companies, and money transmitters from discriminating against consumers for their religious, political, or social beliefs; Permanently prohibits State Board of Administration fund managers from considering ESG factors when investing the state’s money; and,
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Melanie Hall: A brief history of ESG and why Utah lawmakers should support it.Melanie Hall: 'Anti-ESG (environmental, social and corporate governance) policies do nothing more than force institutions to make high-risk investments, regardless of whether or not it’s in their financial interest or the interest of the people of Utah.'
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DeSantis warns ESG movement driven by 'woke' corporate CEO bullies in new bookFlorida Gov. Ron DeSantis issued a stark warning in his new book concerning the ESG movement, arguing that it is a way for the left to achieve certain goals through corporate power.
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At least 50 Twitter employees suddenly laid off over the weekendThe job cuts reportedly impacted multiple engineering teams.
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