Texas Pushes for ‘Honest’ Dialogue With Wall Street Firms on ESG

Texas Comptroller Glenn Hegar is advocating for an “intellectually honest” conversation with the world’s largest financial institutions on their environmental policies.

Hegar is charged with compiling the state’s list of companies that have restrictive policies on doing business with the oil and gas industry. He aims to have the best, most accurate information from financial companies so Texas can weigh their policies in accordance with a state law implemented in 2021.

“We want to hear from these companies, we want to have their information answer our questions because we think it’s imperative to have that dialogue,” he said in an ...