NH retirees and investors clash over bill to limit ESG in state pension decisions Witnesses for and against HB 15-85 debated whether state retirement fiduciaries should be restricted to considering only financial factors and required to document proxy-voting analyses. Investor groups warned the bill would raise costs and constrain risk analysis; advocates for the bill said it would increase transparency and protect returns.

A heated debate unfolds in New Hampshire over a proposed bill that could limit how retirement fiduciaries consider environmental and social factors in investment decisions, raising fears about risk and returns.

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Lawmaker urges opposition to H.R. 2988, says bill would bar ESG consideration and hurt diverse asset managers An unidentified House member urged opposition to H.R. 2988, the Protecting Prudent Investment of Retirement Savings Act, saying it would codify Trump-era limits on environmental, social and governance (ESG) considerations and undermine efforts to expand asset-management opportunities for women- and minority-owned firms.

A House member is sounding the alarm over H.R. 2988, claiming it could stifle crucial ESG considerations and jeopardize opportunities for women and minority-owned asset managers.

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Council discusses investment policy exclusions for defense and oil industries Council reviews annual investment policy exclusions for defense and oil sectors amid public input.

Albany's City Council is taking bold steps to reshape its investment policies by considering exclusions in the defense and oil sectors—will they prioritize ethics over profits?

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