Search for: "DEPARTMENT OF PUBLIC SAFETY v. JONES"
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4 May 2023, 9:05 pm
Investing to advance a societal goal constitutes a mixed motive, a fiduciary violation.[2] The attorneys general of a number of states have drafted legal opinions prohibiting their public entities from ESG investing on this basis.[3] These opinions rely on an assumption that ESG investing is non-pecuniary and therefore entails a mixed motive. [read post]
December 21, 2009 – Environmental Law Settlements, Decisions, Regulatory Actions and Lawsuit Filings
21 Dec 2009, 10:57 am
— Imelda V. [read post]
23 Dec 2009, 4:42 pm
— Imelda V. [read post]
4 Jul 2024, 9:05 pm
ESG becomes most divisive when it mutates into short-hand for forcing companies to ditch long-term value maximization and cater to the current, loud demands of so-called “stakeholders”—that amorphous collection of non-investors clamoring for a say in how all public companies operate and how their resources are spent. [read post]
