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Certain US states such as Florida and Texas have been passing anti-ESG legislation in recent months, preventing their state pension funds from making investment allocations
Certain US states such as Florida and Texas have been passing "anti-ESG" legislation in recent months, preventing their state pension funds from making investment allocations to ESG funds. What are the potential implications of this sort of regulation for countries or regions from a standpoint of uptake of ESG investing, as well as future returns for beneficiaries, the evolving definition of fiduciary duty and global competitiveness, as well as the ability to respond to climate change
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