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Troubling Legal Trend as States Block Responsible Investing and Climate Solutions

In what the Republicans have called “Woke” policies, states have taken broad efforts to block ESG.

The Good Men Project
Greener Together
6 min readJan 13, 2025

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Photo credit: iStock

By Little Green Myths and Marcus Griswold

In what the Republicans have called “Woke” policies, states have taken broad efforts to block ESG. Many have been unsuccessful, but a coordinated effort is showing more and more anti-ESG policies and resolutions seeing approval.

Simpson Thatcher and Bartlett, LLP put out a report titled Seven Key Trends in ESG From 2023 — and What to Expect in 2024. Anti-ESG lawmaking efforts, which first emerged as a trend in 2021, reached new heights this year with over 150 anti-ESG bills and resolutions introduced in 37 states.

Most of these bills were rejected or failed to advance, but as of December 2023, at least 40 anti-ESG laws have been enacted in 18 states. In 2023 more than 40 anti-ESG laws were enacted in 18 states. The proposed bills are in four main categories — anti-ESG investing laws; anti-boycott laws; contracting restrictions and anti-discrimination laws. Further, mentions of ESG on earnings calls last year dropped to their lowest level since 2020.

More than 150 anti-environmental, social and governance

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The Good Men Project
The Good Men Project

Written by The Good Men Project

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