Anti-ESG law having impact
By Jonathan Small
In recent years, state lawmakers voted to prevent state funds from being invested by entities that boycott energy production through “Environmental Social Governance” (ESG) policies.
The goal was two-fold. First, the law would keep Oklahoma taxpayer money from being used to harm the overall state economy, which remains heavily dependent on oil-and-gas production. Second, it would maximize the return on state pension fund investments, benefitting retirees.
