Oklahoma Judge Blocks Anti-ESG Law Targeting Financial Firms (1)

An Oklahoma judge blocked enforcement of the state’s anti-ESG law penalizing companies deemed to be boycotting the oil and gas industry in a case that addresses whether the law is vague and hurts retirees.

The Friday ruling from the Oklahoma District Court in Oklahoma County came from the bench, according to Collin Walke, the attorney representing a retired public employee who sued Oklahoma Treasurer Todd Russ (R) over the state’s 2022 law. Judge Sheila Stinson had previously issued a temporary injunction against the law.

The injunction could buoy opponents of similar laws in other states that restrict how companies consider ...