FridayMay 03, 2024 10:00 am

Louisiana Lawmakers Want to Restrict State Universities from Using ESG

Lawmakers in Louisiana are looking to restrict state universities from using environment, social and governance (“ESG”) criteria via a new house bill. Dubbed House Bill 909, the measure would require that state university boards first gain the approval of policymakers before deploying ESG-based criteria. According to House Bill 909, public postsecondary education management boards as well as boards of regents at state universities would require the approval of the Joint Legislative Committee on the Budget before they launch any activities related to environment, social and governance-related activities. Representative Charles Owen sponsored the measure and voluntarily deferred to avoid forcing a…

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WednesdayMay 01, 2024 10:00 am

Investment Advisor Says Investors Expect More Personalization on ESG

A top investment advisor says the key to attracting investors in the current market is to provide more ESG personalization. According to Bartlett Wealth Management president and wealth advisor Holly Mazzocca, investors are looking for increased personalization when it comes to environment, sustainability and governance (“ESG”) investing. Although ESG has been one of the most prominent trends in the financial world for the past several years, its popularity has been hit in recent years amid consistent attacks from American conservatives and fears of greenwashing. Greenwashing is a form of corporate advertising or personal relations that makes it seem as though…

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