ESG

Arkansas

Exclusive: Exxon aims to begin lithium production by 2026 in Arkansas

[1/2]Darren Woods, CEO of ExxonMobil, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing Rights Nov 11 (Reuters) – Exxon Mobil (XOM.N) is set to unveil its long-awaited lithium strategy on Monday with an announcement that it aims to start production of the […]

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Alabama

Alabama House passes anti-ESG legislation — No Democratic debate, one Republican ‘no’ vote; Heads to Ivey for signature | #republicans | #Alabama | #GOP

MONTGOMERY — Legislation by State Sen. Dan Roberts (R-Mountain Brook) prohibiting state contracts with businesses that boycott specific sectors of the economy based on environmental, social and governance (ESG) policies passed the House unamended and with no debate. The anti-ESG bill has caused uproar in the business community and with Democratic lawmakers. Proponents say the bill would […]

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Alabama

Ashley Carter: Talk is cheap! | #republicans | #Alabama | #GOP

“A little less conversation, a little more action, please.” —Elvis Presley Politics is a field where talk is cheap. It’s also one that seems disrespectful and childish. Take the incident in the Alabama State House this past week. If I’m reading the article correctly, talk was outright racist as one Democratic legislator spoke to a […]

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Alabama

State Auditor Sorrell defends fight against ESG, condemns criticism of anti-ESG bill proponent | #republicans | #Alabama | #GOP

In a letter to Troy University, State Auditor Andrew Sorrell defended Johnson Center for Political Economy executive director Allen Mendenhall and his fight against companies that discriminate using woke environmental, social governance (ESG) criteria. Sorrell addressed the letter to Troy Chancellor Jack Hawkins and praised the school’s Johnson Center for Political Economy executive director Allen […]

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Alabama

Senate delays legislation restricting ESG after pushback from state’s business elites | #republicans | #Alabama | #GOP

Influential members of Alabama’s business community don’t want state lawmakers to prohibit government entities from entering into contracts with companies that use environmental, social and governance (ESG) criteria to discriminate in business practices.  State Sen. Dan Roberts (R-Mountain Brook) filed SB261 last week, which would place restrictions on private businesses seeking contracts with the state […]

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Mayor

Mayor of Brazil meatpacking hub probed amid wave of electoral coercion cases

SAO PAULO, Oct 21 (Reuters) – The mayor of a major Brazilian agribusiness hub is under investigation for telling business leaders they should direct employees to help re-elect far-right President Jair Bolsonaro, according to three people familiar with the case. The sources said that Santa Catarina state labor prosecutors are running the investigation into Mayor […]

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Alabama

As states divest from ESG, Alabama is not leading, but will it follow? | #republicans | #Alabama | #GOP

“Simply put, we cannot be party to the crippling of our own economy.” Those were the words of Louisiana’s Treasurer, John Schroder, informing BlackRock that the Pelican State had already divested $560 million and would be liquidating all BlackRock investments within three months. This divestment will leave BlackRock with nearly $800 million fewer dollars in […]

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Alabama

State Treasurer Boozer, Retirement Systems of Alabama deny using ESG criteria for investments | #republicans | #Alabama | #GOP

State Treasurer Young Boozer insists that the Alabama State Treasury (AST) does not make investment decisions using environmental, social and governmental (ESG) criteria. This approach evaluates how a corporation aligns itself with social goals beyond earning a profit for its shareholders. These goals often pertain to environmental sustainability and advocacy for specific social movements and […]

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Alabama

ESG ‘another mechanism for the left to impose their philosophy’ | #republicans | #Alabama | #GOP

Environmental, Social and Governance (ESG) investing is just “the left’s new way of imposing their worldview on the country,” according to Alabama Attorney General Steve Marshall. ESG is an approach to evaluating how a corporation aligns itself to social goals beyond earning a profit for its shareholders. These goals often pertain to environmental sustainability but […]

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Alabama

ESG criteria used for some of Alabama’s best-known brand names — ‘Important and a factor’ | #elections | #alabama

One might not expect to find so-called Environmental, Social Responsibility and Governance (ESG) policy in Alabama, but elements of it are around. Among those is one of the most influential entities in the state – the Retirement Systems of Alabama (RSA). A spokeswoman told 1819 News said that although it does not have an ESG […]

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