Attorneys Provide Perspective on Florida Treasury Pulling $2 Billion in Pension Funds Over ESG Investment Backlash
Michael Littenberg, partner and global head of the ESG, CSR and business & human rights practice, and ERISA and benefits partner Joshua Lichtenstein examined an announcement by Florida’s chief financial officer to pull $2 billion in pension funds from a large asset manager over objections to ESG investing. Michael and Joshua comment on the broader context of red state and blue state action relating to ESG integration.
Michael was quoted in Financial Times and The New York Times articles. Joshua was quoted in Bloomberg BusinessWeek.
Several articles include data from the Ropes & Gray interactive map on navigating regulation of state ESG initiatives.