www.theepochtimes.com Open in urlscan Pro
151.139.128.11  Public Scan

Form analysis
1 forms found in the DOM

GET https://www.theepochtimes.com/search/

<form action="https://www.theepochtimes.com/search/" class="search_form" method="get">
  <label for="searchtext">Search Text</label>
  <input id="searchtext" itemprop="query-input" type="text" name="q"><input id="searchtype" itemprop="query-input" type="hidden" name="t" value="ai">
  <a class="search_icon" href="javascript:void(0);">SEARCH</a>
</form>

Text Content

MENU ABOUT US MAKE A DONATION

SEARCH
CLOSE
Help Center subscribe newsletter Newsstands Epoch Shop Digital Deals Gift
 * TOP NEWS
 * SPECIAL SERIES
 * SPECIAL COVERAGE
 * LATEST ARTICLES

 * US
   * US News
   * US Features
   * Politics
   * Crime and Incidents
   * New York
   * San Francisco
   * Los Angeles
 * Opinion
   * Thinking About China
   * Viewpoints
   * Unbridled Evil: The Corrupt Reign of Jiang Zemin in China
   * The Reader’s Turn
   * America Essay Contest

 * China
   * US-China Relations
   * Chinese Regime
   * Business & Economy
   * Chinese Culture
   * China Human Rights
   * Social Issues
   * Organ Harvesting in China
 * World
   * Africa
   * Americas
   * Asia & Pacific
   * Canada
   * Europe
   * UK
   * Australia
   * International
   * Middle East
 * Business & Markets
   * Companies
   * Economy
   * Markets
   * Real Estate

 * ARTS & CULTURE
   * Fine Arts & Craftsmanship
   * Performing Arts
   * Books
   * Traditional Culture
   * Shen Yun Special Coverage
   * Film & TV
 * Science
   * News
   * Space
   * Environment
 * Tech
   * Tech News
   * Tech Products & Reviews
   * Social Media
 * Sports
 * Video
   * American Thought Leaders
   * China Insider
   * Crossroads

 * Bright
   * Lifestyle
   * Inspired
   * Family & Education
   * Personal Finance
   * American Essence
 * Entertainment
   * Film & TV
   * Entertainment News
 * Health
   * News
   * Aging
   * Fitness & Nutrition
   * Wellness
   * Traditional Wisdom
   * Mindset
 * Sponsored Content

Search Text SEARCH
 * EpochTV
 * US
 * Politics
 * Opinion
 * World
 * China
 * Hong Kong
 * Business & Markets
 * Bright
 * Health
 * Arts
 * Premium
 * Games
 * Sports
 * Livestream
 * More

 * Business
 * CCP Virus
 * Epoch Fun



1947
Share +



Share articles. Earn gift cards. Learn more
MOST READ
1
New Whistleblower Claims FBI Leaders Delayed Key Investigation: Sen. Johnson
22hr
share1425
FacebookTwitterEmail
comments404
2
Judge Orders Trump to Provide More Evidence to Support New Motion
2d
share834
FacebookTwitterEmail
comments1128
3
EXCLUSIVE: Vaccinated Making Up Higher Proportion of COVID-19 Metrics in US
EXCLUSIVE
share5994
FacebookTwitterEmail
comments1196
Read More
Florida Gov. Ron DeSantis speaks during a press conference at the Broward County
Courthouse in Fort Lauderdale, Fla., on Aug. 18, 2022. (Joe Raedle/Getty Images)
US


DESANTIS ELIMINATES ESG FROM STATE PENSION INVESTMENTS

By Jannis Falkenstern
Jannis Falkenstern

Jannis Falkenstern is an Epoch Times reporter who covers the state of Florida.
View profile
Follow
August 23, 2022 Updated: August 23, 2022
biggersmaller
Print
0:003:28

1



PUNTA GORDA, Fla.–Gov. Ron DeSantis made good on his promise to take action
against the environmental, social and corporate governance movement (ESG), which
he called an “alarming trend” and a threat to the American economy.

On Aug. 23  the governor, along with trustees of the State Board of
Administration (SBA), passed a resolution directing Florida’s fund managers to
make investments that do not involve the ideological agenda of the ESG.

“Corporate power has increasingly been utilized to impose an ideological agenda
on the American people through the perversion of financial investment priorities
under the euphemistic banners of environmental, social, and corporate governance
and diversity, inclusion, and equity,” said DeSantis said in a written
statement.

“With the resolution, we passed today, the tax dollars and proxy votes of the
people of Florida will no longer be commandeered by Wall Street financial firms
and used to implement policies through the board room that Floridians reject at
the ballot box.”

At a July 27 press conference in Tampa, the governor said that most Americans
were not aware of what ESG was and what the goal is of “leveraging corporate
power to impose an ideological agenda on society.” He promised to do something
about it.

Morgan Stanley Capital International (MSCI), an investment research firm in New
York, described ESG as “investing as the consideration of environmental, social
and governance factors alongside financial factors in the investment
decision-making process.”

But some view the movement as a sinister force.

James Lindsay, the author of “Race Marxism,” described ESG as a “weapon in the
hands of ‘social justice warriors’ to shake down corporations and a tool in the
hands of those seeking to impose ‘one world government.’”

DeSantis’ resolution followed an action taken in December 2021 when he reclaimed
the SBA’s proxy voting authority from “large financial firms,” and provided
guidance to the SBA for proxy voting and investment decisions.

“This guidance will ensure that the decisions made by these civil servants on
behalf of the people of Florida are in accordance with the voters’ values as
expressed through the democratic process rather than blindly in lockstep with
the ESG mania taking hold of Wall Street and Washington,” the governor’s office
said in a prepared statement.

In the upcoming 2023 legislative session, the governor plans to propose laws
that would amend Florida’s Deceptive and Unfair Trade Practices statute that
would prohibit discriminatory practices by large financial institutions that
incorporate the ESG social credit score metric.

Incoming Florida House Speaker Paul Renner said that ESG is “a global elite
weaponizing American capitalism against us” making it a national security issue
as well as a “pocketbook issue.”

He warned that going down an ESG path would lead to companies being “choked off”
of their ability to obtain financing and would hurt industries such as
agriculture.

“So if you’re a meat eater, get ready,” he warned at a press conference on July
27. “They’re against meat and so they’re driving up food prices. These people
don’t care—[they] will open our borders, choke off our agriculture sector, and
basically weaken this country for their own local agenda.”

The governor’s statement went on to say that the “financial security” of
Floridians is a priority over “whimsical notions of a utopian tomorrow,” and is
“reasserting the authority of a republican governance.”

Jannis Falkenstern

Follow
Jannis Falkenstern is an Epoch Times reporter who covers the state of Florida.




Featured Channels

Top 10 Videos
‘Nitrogen Agenda’ Used by Globalists to Take Land: Farmer Faces Having to Cull
95 Percent of His Cows | Facts Matter
share
FacebookTwitterEmail
comments
Could Melanoma Be Prevented (Not Caused) by Sunlight?
share
FacebookTwitterEmail
comments
Anti-Election Fraud Training Programs Set Up Across US by Tea Party Patriot
Group; Over 6,000 People Already Attended
share
FacebookTwitterEmail
comments
Victor Davis Hanson: FBI Should Be Broken Up, Agents Moved to Other Departments
share6419
FacebookTwitterEmail
comments471
Whistleblower: Military Covering Up COVID-19 Vaccine Injuries
share3933
FacebookTwitterEmail
comments203
Trump Recorded Mar-a-Lago Raid, Family Plans to Release Video; Behind the
Dismantling of America’s Energy Independence
share1759
FacebookTwitterEmail
comments160
Raid on America: A Special Documentary Report
share1529
FacebookTwitterEmail
comments136
Trump Hints at Legal Counterattack After FBI Raid; Dr. Malone Sues Over COVID
Slander
share1530
FacebookTwitterEmail
comments138
Kash’s Corner: The Mar-a-Lago Raid Docs; Forcing Their Release; and the Iranian
Fatwa on Salman Rushdie
share1443
FacebookTwitterEmail
comments174
‘Equity’ Is a Communist Tactic That Destroys Nations: Cultural Revolution
Survivor Lily Tang Williams
share2526
FacebookTwitterEmail
comments132
‘Nitrogen Agenda’ Used by Globalists to Take Land: Farmer Faces Having to Cull
95 Percent of His Cows | Facts Matter
share2317
FacebookTwitterEmail
comments195
Could Melanoma Be Prevented (Not Caused) by Sunlight?
share902
FacebookTwitterEmail
comments42
Anti-Election Fraud Training Programs Set Up Across US by Tea Party Patriot
Group; Over 6,000 People Already Attended
share1275
FacebookTwitterEmail
comments105
Victor Davis Hanson: FBI Should Be Broken Up, Agents Moved to Other Departments
share
FacebookTwitterEmail
comments
Whistleblower: Military Covering Up COVID-19 Vaccine Injuries
share
FacebookTwitterEmail
comments
Trump Recorded Mar-a-Lago Raid, Family Plans to Release Video; Behind the
Dismantling of America’s Energy Independence
share
FacebookTwitterEmail
comments

From Around the Web
Carjacking Is The Clearest Sign That Your Civilization Is Falling Apart
realclearpolitics.com
Putin Ally Declares Russia Will Target This City First If WW3 Erupts
benzinga.com
Kushner: Biden's Student Debt Forgiveness Plan A "Really Bad Idea"
realclearpolitics.com
Trump's Niece Points Finger At Jared Kushner For Tipping Off FBI
benzinga.com
How Did Liz Cheney Make $33 Million During Only Six Years In Congress?
realclearpolitics.com
Musk On Housing Bubble Burst: 'They Dug Their Own Graves'
benzinga.com
A shocking video shows how racialized America has become
americanthinker.com
Trump SPAC Merger Deal Includes Provisions For 'Prison Time'
benzinga.com
Tiger Woods, Rory McIlroy Unite On New Golf League
benzinga.com
588 CommentsHideShow Comments -+
Policies and Regulations
LOGIN TO COMMENT
FINISH YOUR LOGIN TO COMMENT
VERIFY YOUR ACCOUNT TO COMMENT

Copyright © 2000 - 2022
Back Top
We use cookies to understand how you use our site and to improve your
experience. This includes personalizing content and advertising. By continuing
to use our site, you accept our use of cookies, revised Privacy Policy and Terms
of Use. More informationI accept×