Rise to the Moment of Truth Saturday, June 3, 2023

Tag: ESG

DSC02032 Alabama News
Alabama House passes anti-ESG legislation — No Democratic debate, one Republican 'no' vote; Heads to Ivey for signature

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 policies passed the Alabama House of Representatives unamended and with no debate.

House Floor Alabama News
Anti-ESG bill scheduled to come to House floor on Wednesday

Legislation by State Sen. Dan Roberts (R-Mountain Brook) prohibiting state contracts with businesses that boycott certain sectors of the economy based on environmental, social and governance (ESG) policies is on the docket for a House vote on Wednesday.

State Sen. Arthur Orr Alabama News
State Sen. Orr: ESG ban 'important for our state' — 'Hopefully, over time, the ESG narrative will dissipate and go away'

With only three legislative days remaining, one of the bills remaining on the docket is sponsored by State Sen. Dan Roberts (R-Mountain Brook) that would prohibit state contracts with businesses that boycott certain sectors of the economy based on environmental, social and governance (ESG) policies.

Regions Alabama News
Vanguard, BlackRock top owners of Birmingham-based bank Regions Financial

Vanguard and BlackRock Inc., two large asset management companies committed to controversial so-called “sustainable” investing, happen to be the largest owners of Birmingham-based Regions Financial.

ESG Alabama News
Anti-ESG bill passes House committee as legislative session winds down

Legislation by State Sen. Dan Roberts (R-Mountain Brook) prohibiting state contracts with businesses that boycott certain sectors of the economy based on environmental, social and governance (ESG) policies passed the House Financial Services Committee on Wednesday.

Steve Marshall Alabama News
AG Marshall disputes claim that ESG is 'free market' in WSJ oped

Alabama Attorney General Steve Marshall published an op-ed in the Wall Street Journal on Tuesday criticizing ESG agenda proponents who purport to be defenders of the free market.

Steve Marshall Alabama News
AG Marshall praises state's anti-ESG bill as he addresses issue nationally — 'This needs to be an ongoing discussion in what we do'

In a recent interview with 1819 News, Alabama AG Steve Marshall said he supported State Rep. Dan Roberts’ anti-ESG bill and was “appreciative” that Roberts was addressing the issue for the state while Marshall focuses on the national level.

Mule Alabama News
Joey Clark: Some mules are bigger than others

Though Alabama’s “big mules” have changed over the last century, they still hold outsized influence over who's doing the pulling and who’s doing the eating in the Heart of Dixie.

State Sen. Chris Elliott. Photo: Erica Thomas. Alabama News
State Sen. Elliott: Anti-ESG bill 'one of the widest, broadest pieces of ESG legislation in the country'

Last week, State Sen. Dan Roberts' (R-Mountain Brook) bill that would prohibit state contracts with businesses that boycott certain sectors of the economy based on environmental, social and governance (ESG) policies passed out of the Fiscal Responsibility and Economic Development Committee.

Regions Bank Alabama News
Dr. Daniel Sutter: ESG, regulations and economic freedom

Can a law restricting banks increase economic freedom? In the case of Alabama’s Senate Bill 261, the “anti-ESG” bill, the answer is likely yes.

AL Senate Ashley Carter Alabama News
Alabama Senate approves unexpected $1 million for Troy’s Johnson Center in education budget

The Alabama Senate approved a $1 million appropriation for Troy University’s Johnson Center for Political Economy last week in its Education Trust Fund budget, but Johnson Center executive director Allen Mendenhall said he only found out about this when a reporter showed him the bill.

ESG Alabama News
Anti-ESG legislation passes Senate committee

Legislation by State Sen. Dan Roberts (R-Mountain Brook) that prohibits state contracts with businesses that boycott certain sectors of the economy based on environmental, social and governance (ESG) policies passed the Fiscal Responsibility and Economic Development Committee on Wednesday.

Photo from Steve Marshalls Facebook page Alabama News
Alabama Attorney General Steve Marshall testifies before Congress against ESG investing

Alabama Attorney General Steve Marshall testified in front of the U.S. House Oversight and Accountability Committee on Wednesday, advocating against the use of environmental, social governance (ESG) criteria in investment decisions.

Alabama Bankers Association Alabama News
Alabama Bankers Association to host ‘Business Case for DEI’ webinar this month

The Alabama Bankers Association is hosting a webinar to argue in favor of diversity, equity and inclusion policies in the state’s financial institutions, as the policies have been the focus of heavy criticism from conservatives around the country.

AP22161678876726-Biden Alabama News
Scott Shepard: ESG means Biden administration priorities forced on businesses

ESG is a massive effort to clamp the whole woke agenda on American businesses, and then use those businesses to force this agenda on you by ending supply of reliable goods and services, and denying you credit, insurance, and other necessities unless you conform.

Cheap Talk Alabama News
Ashley Carter: Talk is cheap!

If politicians want to be effective and truly serve their constituents, they need to do what they say they are going to do, rather than just use the office to expand their careers or gain power and influence.

Andrew Sorrell Alabama News
State Auditor Sorrell defends fight against ESG, condemns criticism of anti-ESG bill proponent

State Auditor Andrew Sorrell defended the fight against government contracts with companies that discriminate using woke environmental, social governance (ESG) criteria in a letter to Troy University on Thursday.

Regions Alabama News
Regions Financial driving force behind pushback against anti-ESG legislation, sources say

Just as State Sen. Dan Roberts' (R-Mountain Brook) anti-ESG (environmental, social and governance) bill was gaining momentum in the Alabama Legislature, its hearing before the Senate Fiscal Responsibility and Economic Development Committee, chaired by State Sen. Garlan Gudger (R-Cullman), was delayed until at least next week.

I Stock 535513692 Alabama News
Senate delays legislation restricting ESG after pushback from state's business elites

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. 

Steve Marshall, ESG Alabama News
AG Marshall signs letter to BlackRock, other financial institutions over ESG push — Stop allowing savings to be 'commandeered by activists'

Alabama Attorney General Steve Marshall signed a letter late last month with several other attorneys general criticizing large financial institutions like BlackRock Inc. for leveraging their capital to push woke environmental and social objectives.

Chip Brown Alabama News
State Rep. Chip Brown files anti-ESG legislation

State Rep. Chip Brown (R-Mobile) filed legislation last week that would prohibit local and state agencies from considering environmental, social, and governance criteria when awarding some public contracts.

Mike Rogers Alabama News
U.S. Rep. Rogers rips Biden for vetoing anti-ESG investing bill — ‘Get woke politics out of Americans’ savings accounts’

President Joe Biden issued his first-ever veto on Monday to reject a bill that would have reversed a rule instituted by his own administration that allowed money managers to use environmental, social and governance (ESG) factors when making retirement investments on a client’s behalf. 

Steve Marshall on CapJournal, 3/17/2023 Alabama News
AG Marshall: Left using ESG to 'inject issues and create change that they can't get at the ballot box, particularly in a state like Alabama'

Attorney General Steve Marshall has actively opposed so-called environmental, social and governance (ESG) policies, especially as they are being used to force broader policy changes within American society.

Photo from Kay Iveys Twitter Alabama News
Ivey joins DeSantis in fight against Biden over ESG in retirement funds, signs joint statement vowing to 'leverage state pension' against woke investing

Alabama Gov. Kay Ivey joined Florida Gov. Ron DeSantis and 17 other states to oppose President Joe Biden’s efforts to keep environmental, social and governance investing in employee pension plans.

Train by Ankush Minda Alabama News
Norfolk Southern train derails in Calhoun County as company faces investigation from federal agencies, apologizes to Congress

Around 30 train cars derailed early Thursday morning from a Norfolk Southern Railway in Calhoun County, just as the railroad company’s CEO apologized to Congress for the devastating derailment in East Palestine, Ohio, which resulted in over a million pounds of toxic chemicals potentially being spilled.

ESG Alabama News
Britt, Tuberville sign onto anti-ESG Senate resolution

U.S. Sens. Katie Britt (R-Montgomery) and Tommy Tuberville (R-Auburn) signed onto a joint resolution this week to nullify a recent Department of Labor (DOL) rule allowing Environmental, Social and Governance investments in retiree accounts.

Steve Marshall, ESG Alabama News
Alabama AG Steve Marshall joins lawsuit over Dept. of Labor’s ESG rule

Alabama Attorney General Steve Marshall joined 24 other attorneys general last week in a lawsuit over a Department of Labor (DOL) rule allowing Environmental, Social, and Governance (ESG) investments in retiree accounts.

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