It is important that leaders at the state level stay vigilant in the fight to protect their citizens from policies that harm their state and its people. The following provides model legislation to assist leaders as they look to take action against ESG.
1. Protect your state’s pensions, retirements, and investments
ESG preferences almost always run counter to what is in the best financial interest of shareholders. This model legislation focuses on fiduciary duty to act in the interest of the state and pension holders.
2. Protect your state’s contracts
Far too often our states are doing business with companies that are actively working against the self-interest of the state’s hardworking citizens and the state itself. This legislation focuses on protecting state contracts from companies who have policies that discriminate against industries important to the welfare of the state.