DeSantis Signs Bill Curbing Financial Use of ‘Woke’ Investment Principles
Florida Gov. Ron DeSantis signed into law a bill curbing financial companies’ use of ESG principles to govern investment or lending decisions in the state.
According to DeSantis ESG—environmental, social, and governmental—has become a backdoor way for companies to impose woke values on communities that would never approve such things at the ballot box.
At a signing ceremony in Jacksonville on May 2, the governor said the state had already moved last year to prevent ESG criteria from being used to invest public employees’ pension funds.
He said the state has already pulled $2 billion from giant asset management firm BlackRock….