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Blog Archives: January 2023

Legal Perspective: New Fronts on the “War on ESG”- GOP Senators Propose Action

January 17, 2023
Susan Mac Cormac, Morrison & Foerster
On November 3, 2022, 51 law firms received letters about their ESG practice, and potential regulatory risks and enforcement stemming from ESG practices. This occurrence opened speculations across the country on whether ESG will feature more prominently in congressional hearings, and if this is the case, how can values aligned investors protect the objectives of the framework. The anti-ESG movement is a well-organized attack and currently, pending anti-ESG state legislations are increasing, most of which are focused on state divestment from ...

Uplifting Tribal Sovereignty Through “Just Transition” Investments

January 12, 2023
Tanksi Clairmont and Angelica Wright, Tribal Solar Accelerator Fund at GRID Alternatives
A wide variety of perspectives and ideas were shared during Confluence Philanthropy’s Coffee Klatch in December, exploring approaches to investing in populations in climate transition, including tribal communities. Creating and building authentic partnerships and values-aligned investments with tribal communities and tribal-led organizations is important to shifting powers in the climate change movement. Philanthropic support and investment in Indian Country’s efforts is necessary as we work to dismantle the inequities of the energy crisis, ...

You Can Help Defend ESG Investing - Why Take Action

January 10, 2023
Stephanie Cohn Rupp, Veris Wealth Partners
Environmental, Social, and Governance (ESG) investing is facing a barrage of attacks - from criticisms of “woke capitalism” to state bans on ESG investing including a Florida law that prevents the state’s pension funds managers from considering ESG criteria. I have spent the last 22 years of my career in economic development, global Impact, and ESG investing. From my perspective, these condemnations and policies designed to protect the fossil fuel industry show a deep misunderstanding of ESG investing. ESG is not an ideology but a lens ...