Republicans Press Asset Managers on ESG as Proxy Season Ramps Up

March 31, 2023, 8:00 PM UTC

Republican attorneys general from 21 states sent a letter to asset managers warning them about their approach to environmental, social and governance factors ahead of shareholder votes at this year’s corporate annual meetings.

The March 30 letter, which was posted online Friday and led by attorneys general including Utah’s Sean Reyes and Montana’s Austin Knudsen, was sent to 53 of the top US asset managers including BlackRock Inc., State Street Corp, and JPMorgan Chase & Co.

The letter notes that proposals on topics including abortion and political spending are ramping up this proxy season. The attorneys general said ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.