Texas Anti-ESG Law Is Unconstitutional, Green Biz Org Says via Law360.
American Sustainable Business Council sues Texas over anti-ESG law
Council sues Texas over anti-ESG law via ESG Drive.
Business Group Files Challenge to Texas Law That Punishes Responsible Investors
Today, the American Sustainable Business Council (ASBC), acting on behalf of members including Etho Capital and Sphere, sued Texas for violating the free speech and association rights protected under the First and Fourteenth Amendments of the United States Constitution through the implementation of SB-13—a law that penalizes private companies that choose not to make risky investments in fossil fuel companies.
Texas state senator applauds lawsuit challenging comptroller’s investment blacklist
Texas state senator applauds lawsuit challenging comptroller’s investment blacklist via Pensions & Investments.