In Financial Times MandateWire, Joshua Lichtenstein Examines Republican State Anti-ESG Proposal Approaches
In a Financial Times MandateWire article, employment, executive compensation and employee benefits partner and head of the firm's ERISA fiduciary practice Joshua Lichtenstein discussed the challenges facing Republican states on anti-ESG legislation.
Joshua notes that Republican led states have used several anti-ESG legislation approaches including divesting from a single asset manager, adopting broad anti-ESG prohibitions or forming Texas-style anti-boycott lists. He expects to see an evolution towards more moderate types of proposals.