U.S. political battles over corporate sustainability are turning hotter this spring as aggressive Republican statehouse efforts face increasing pushback from businesses and pension funds looking to account for climate change and protect returns.
to ESG governance and to United Nations-backed sustainable development goals as "Satan’s plan" when speaking to a meeting of Republicans.to the global connections of top funds and characterize industry efforts like the Net Zero Asset Managers initiative as radical.
Utah Bankers Association President Howard Headlee said the new law could have unintended consequences. For instance, if federally-regulated local banks faced new national rules on an issue like climate change disclosures, banks would need special permissions from local officials to keep public business in Utah he said.
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