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What's in a Name? ESG and Greenwashing

Switched On

CHAPTER

The Role of Environmental, Social and Governance in ESG

More than half of all U.S. state had either passed or proposed an anti-ESG bill by the end of 2023, according to a new study. There are two types of ESG bills: one that prevents pension funds from being invested in funds that don't take into account environmental and social factors. The other is a boycott bill which effectively blacklists local government from working with any bank or asset manager supporting the movement.

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