Banks, Chamber of Commerce Oppose Bill to Punish Companies for ESG Investments

A Pile of Coins Surrounded by Green Leaves, Symbolizing the Concept of ESG (environmental, Social, and Governance) Investments and Sustainable Finance

State lawmakers are intensifying their efforts against banks perceived to have chosen investments that negatively impact fossil fuel suppliers and other industries traditionally protected by state Republicans. State law currently mandates that trust money managers, such as those in INPRS, invest and manage trust assets “solely in the interest of the beneficiaries.” The bill specifically … Read more