Video & Transcript Research : 'ESG'

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OK

Oklahoma 2026 Regular Session

Retirement and Government Resources Apr 14th, 2026 at 10:30 am

Retirement and Government Resources

Transcript Highlights:
  • in Oklahoma, but just to give you some sense of where we're going on this It is in 2021, 80% of key ESG
  • We have an example of Florida, which voted 99% of the time in 2021 with the ESG advice.
  • of the pension holders and not be distracted by other issues that would fall into that category of ESG
TX

Texas 89th Regular

State Affairs (Part II) Apr 24th, 2025

State Affairs

Summary: The Senate Committee on State Affairs was called to order and a roll call showed most members present, with one absent. The chair explained that the committee had arranged witnesses for a later meeting but had received responses from some parties declining to testify, prompting Senator Bettencourt to offer a written motion for subpoenas. The motion authorized the committee chair, under Senate Rule 11.20, to issue subpoenas to BlackRock, State Street, or other financial services companies affecting Texas public pension investments, along with their subsidiaries, affiliates, officers, employees, agents, or representatives. The subpoenas would require testimony and production of records concerning investment practices, the impact on Texas public pension funds, and any investments intended to further political or social causes. Members discussed the importance of obtaining testimony and the limited but necessary use of subpoena power. The committee then voted, with 10 ayes, no nays, and one absent, to adopt the motion. With no further business, the committee recessed until the call of the chair, planning to return after the local calendar.
TX

Texas 89th Regular

State Affairs (Part III) Apr 24th, 2025

State Affairs

Transcript Highlights:
  • investments and ESG returns.
  • commitments, but proxy advisors continue to push an ESG agenda.
  • Thank you. of so-called ESG and what that's come to mean.
  • And we understand the basic concept of the ESG mechanism.
  • We don't price based on ESG or DEI.
Summary: The committee heard Senate Bill 945, 946, 2044, 2819, 2403, 2337, and 312, with all bills left pending after testimony. SB 945 would restrict insurance companies from denying or limiting coverage based on oil and gas activity or ESG-related goals, and supporters argued it would protect Texas energy producers from politically motivated shareholder activism and insurance discrimination. SB 946 would bar creditors from using social credit, ESG, DEI, or religious/political affiliation as a basis for denying or limiting credit; witnesses said it would prevent viewpoint-based financial discrimination and protect access to capital for Texas businesses. SB 2337 would require proxy advisory firms to disclose when recommendations are based on non-financial factors or when they give conflicting advice to different clients; supporters said the measure would increase transparency and curb ESG-driven influence over shareholder voting. SB 312 would direct public retirement systems to focus on financial returns rather than social or political objectives, with the author saying the bill responds to activist pressure on pensions and would reinforce fiduciary duty. The committee also took up election and ethics measures. SB 2044 would strengthen electioneering restrictions for publicly funded education institutions and personnel, prohibiting use of official resources to promote political agendas; testimony focused on alleged school district electioneering in bond and tax elections. SB 2819 would prohibit county elections administrators from holding certain officer positions appointed by elected officials, addressing potential conflicts of interest. SB 2403, the Texas Ethics Commission sunset bill, would restructure complaint handling with a three-tier violation system, risk-based complaint prioritization, longer response times, bipartisan preliminary review panels, and expanded hearing options; members discussed amendments aimed at dismissing minor complaints, clarifying categories, and adjusting lobbying and penalty provisions, but the amendments were withdrawn during committee consideration. Across the ESG and finance bills, invited witnesses from the American Energy Institute, Heartland Impact, Consumers Research, ADF Action, Texas Civil Justice League, and related groups generally supported the measures, arguing that banks, insurers, proxy advisors, and asset managers have used ESG or reputational-risk standards to discriminate against energy, agriculture, firearms, and religious organizations. No opposition testimony was presented in the excerpt, and the committee closed public testimony on each bill and left them pending.
TX
Transcript Highlights:
  • taken a bit of a retreat, at least publicly, on their ESG commitments.
  • On this topic of so-called ESG and what that's come to mean.
  • We understand the basic concept of the ESG mechanism.
  • So, Senate Bill 13, which began this fight against ESG in America, said...
  • Or that those who oppose ESG have won.
US

US Federal 2025-2026 Regular Session

US House Floor Proceedings (Thursday, January 15, 2026)

US Federal House Floor Meeting

Transcript Highlights:
  • a<00:10:43.680> tool<00:10:44.079> for ESG investing has become a tool for ESG
  • <00:15:58.880> factors social, and governance or ESG factors social, and governance or ESG
  • supposed advantages of ESG investing. supposed advantages of ESG investing.
  • definition one of those ESG companies. definition one of those ESG companies.
  • they consider ESG factors. they consider ESG factors.
TX

Texas 89th 2nd C.S.

Judiciary & Civil Jurisprudence Apr 30th, 2025

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • So you say ESG. What does ESG stand for?
  • What does ESG mean?
  • You know, so my understanding of ESG policies, ah.
  • ESG, but it's focused on ESG issues, and that's kind of what your bill gets at, right?
  • Only helps ESG supporting leftists, right?
TX

Texas 89th Regular

Judiciary & Civil Jurisprudence Apr 30th, 2025

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • What does ESG mean?
  • You know, so my understanding of ESG policies.
  • And say they had that, it would be part of an ESG policy.
  • Technically, even though it's probably not called ESG, but it's focused on ESG issues, and that's kind
  • I'd love to get back to talking about fighting ESG. It is.
TX
Transcript Highlights:
  • Senator Sparks, first, this is quite different. from the anti-boycott ESG legislation that this body
  • And ESG has probably been... Discussed or not ESG, and I am sort of brought...
  • Not necessarily as sort of an ESG topic. So there's discussion.
  • There's never been an ESG topic at the National Association.
  • been studying this over the last six years before I even knew it was ESG.
OK

Oklahoma 2026 Regular Session

Retirement and Government Resources REVISED Apr 21st, 2026 at 10:30 am

Retirement and Government Resources

Transcript Highlights:
  • interests of those assets and not drifting over into doing any investing or managing based on any sort of ESG
  • Does this bill prohibit a trustee from considering highly ranked ESG portfolios? No, ma'am.
  • So if a trustee or one of the people that sit on these panels saw that a company had a high ESG score
  • And if somebody is highly suspicious of ESG and they hear one of the trustees or there's a trusted report
  • in a portfolio that includes the ESG company.
Bills: HB1170
FL

Florida 2025 Regular Session

March 31, 2025 - 04:00 PM

Transcript Highlights:
  • The world has already experienced adverse food supply shocks caused directly and or indirectly by ESG
  • mandates, with the most prevalent occurring in Sri Lanka, where a regulatory and or indirectly by ESG
  • Other disruptions in food supply related to ESG have occurred throughout Europe.
  • released in 2024 by Ohio's Buckeye Institute is found that operating expenses for farmers under an ESG
  • Further, if a financial institution has made any ESG commitment related to architecture, or excuse me
Summary: The Agriculture and Natural Resources Budget Subcommittee heard House Bill 651, described by sponsors as the Florida Farm Bill and a comprehensive FDACS agency package. The bill combined technical agency updates with several policy provisions, including changes to water additive rules, labeling requirements for meat, milk, poultry, and eggs, criminal penalties related to drones over agricultural land, mail theft, and retail fuel theft, updates to disaster recovery loan programs, an FFA scholarship, school infrastructure provisions, land purchase authority for converted agricultural land, and a Florida Farmer Financial Protection Act addressing ESG-related banking practices. A major portion of the discussion focused on the bill’s fluoride language, with supporters arguing for local choice and consumer consent and opponents warning about public health impacts and loss of local control. Members also questioned the C-4 registry language and whether it was duplicative or could affect organizations’ status. Public testimony was split. Opponents included Florida for All and the Florida Dental Association, with testimony arguing the bill protected agribusiness interests and that removing fluoride would harm dental health, especially for low-income families. Proponents included Heritage Action, Heartland Impact, and several individuals who argued the bill protected farmers from ESG-driven banking restrictions and supported informed consent and the removal of fluoride from public water. Several agricultural and advocacy groups also waved in support. During debate, some members praised portions of the bill such as housing for agricultural workers, drone penalties, and school-related provisions, but said they could not support the fluoride preemption or the C-4 language. Others supported the fluoride provision as a matter of individual and local choice. On final passage, the committee reported HB 651 favorably. The vote was 11-4, with Chair Esposito, Vice Chair Botana, Representatives Barnaby, Benaroch, Black, Mayfield, Mooney, Plasencia, Salzman, and Weinberger voting yes, and Representatives Alvarez, Bartleman, Henson, and Rainer voting no.
TX

Texas 89th Regular

Senate Session (Part I) May 7th, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • with companies that boycott the fossil fuel industry through environmental, social, and governance, ESG
  • With companies that boycott the fossil fuel industry through environmental, social, and governance, ESG
  • This bill is, for the purpose of this bill, to keep ESG out of the consideration of those higher-ed..
  • And for the interests of our conversation, ESG is kind of a sort of a sort of...
  • And for the interests of our conversation, ESG is kind of a squishy term.
Summary: The Senate convened with a quorum present, heard an invocation, adopted the prior day’s journal, received House messages, and adopted several resolutions and recognitions, including Senate Resolution 496 honoring Leadership Garland and resolutions 503 and 504. The chamber also recognized guests, including a North Dakota senator and the Doctor of the Day, and received gubernatorial nominations for the Texas Economic Development Corporation Board and the Nueces River Authority Board. The Senate then took up and passed a series of bills, often by suspending the regular order and the constitutional three-day rule. Measures approved included SB 614 on Texas Forensic Science Commission referrals to the Office of Capital and Forensic Writs; SB 250 on municipal annexation across railroad rights-of-way; SB 1660 on toxicological evidence retention and destruction procedures; SB 2586 requiring property owners associations to file governing documents with the Texas Real Estate Commission; SB 1588 increasing penalties for certain failures to report child sexual abuse; HB 912 on compensation for distributed renewable generation outside ERCOT; SB 1957 setting eligibility standards for civilian oversight boards; HB 2525 clarifying a charitable property tax exemption; SB 1525 limiting repeated prior authorization for neurodegenerative disease drugs; SB 865 requiring CPR/AED training and cardiac emergency response planning in schools; SB 1212 elevating human trafficking penalties; SB 2690 on solicitations for Secretary of State documents; SB 1802 on landlord repair duties for ramps, elevators, and handrails; SB 905 on licensing rules for speech-language pathologists and audiologists; SB 2929 allowing removal of disruptive spectators at school athletic events; SB 2675 creating a narrow McAllen-specific parkland conveyance exception; SB 872 increasing punishment for burglary of a vehicle involving firearm theft; and SB 1113 clarifying sales rules for certain converter-license holders. Several bills drew extended debate. SB 2487, dealing with crisis and mental health services for homelessness, was amended to make the county model permissive rather than mandatory and to remove state funding/assistance requirements before passing 28-3. SB 2138, barring higher education funds from contracting with firms that boycott fossil fuels through ESG policies, also passed after questions about fiscal effects and First Amendment concerns. SB 2615, restricting remote work at public institutions of higher education, advanced 22-9. The Senate also began consideration of SB 3016, which would expand enforcement tools against local governments that fail to comply with state law, but the transcript cuts off before action on that bill is completed.
TX

Texas 89th Regular

Trade, Workforce & Economic Development Apr 23rd, 2025

Trade, Workforce & Economic Development

Transcript Highlights:
  • factors other than shareholder return, such as in many cases environmental, social, and governance (ESG
  • Proxy advisors are in some ways the last prong of a three-pronged ESG attack.
  • opened an investigation into ISS and Glass-Lewis regarding potential misrepresentations related to ESG
  • Considerations, whether that be ESG, DEI, their consulting businesses, or their foreign owners.
  • It's difficult to ignore the reality that a recommendation is ESG or DEI-driven when you are specifically
KY
Transcript Highlights:
  • ESG-related proposals accounted for 61% of all proposals in 2022, according to a U.S.
  • related proposals board of directors ESG related proposals accounted<00:20:09.159> for<00:20:
  • And if there is an ESG proposal that makes money and a publicly traded company is making money through
  • And if there is an ESG proposal that makes money and a publicly traded company is making money through
  • It states that last year, in 2022, ESG shareholders' proposals accounted for 61% of all proposals on
Summary: The committee first approved the minutes from its January 27 meeting and then took up House Bill 694, which would create a default rule for the Teachers’ Retirement System health insurance trust fund once it reaches 100% funding, currently anticipated around 2027. The bill would redirect two funding streams now going to the health trust—state payments on behalf of local districts and other employer contributions—into TRS pension benefits if the health fund reaches and maintains full funding. The sponsor said this would add about $154 million annually to TRS pensions and would only serve as a default if no other plan is adopted later. Members asked whether the bill would shift the unfunded liability to teachers or affect employee contributions. The sponsor and staff said it would not shift liability to teachers and would not change the employee contribution; only the employer-side payments would be redirected. Several members asked about the meaning of actuarial 100% funding, whether the fund could fall back below 100%, and whether employee contributions might be reduced in the future. The sponsor said the bill is based on actuarial projections, would revert the money back to the health trust if funding fell below 100%, and does not prevent future legislative or board action. Senator Higdon and others spoke in support of discussing the issue, noting the 2010 shared-responsibility changes and the need for a default approach as full funding is reached. The committee then heard Senate Bill 183, which would amend Kentucky law governing proxy advisers used by retirement systems. The sponsor said the bill would require proxy advisers, when handling shareholder-sponsored proposals, to act solely in the interest of retirement system members and beneficiaries and to provide an economic analysis when voting against a company board’s recommendation. He argued the measure is aimed at proxy advisers such as ISS and Glass Lewis, which he said often advance ESG-related proposals not tied to shareholder value. A guest from APCIA said the bill is meant to distinguish proxy advisers from investment managers and to strengthen the 2023 law by requiring a clearer economic justification for votes that depart from board recommendations. Members asked how proxy advisers differ from other financial advisers, whether Kentucky uses them, and whether the bill would prevent pension funds from investing in companies with ESG factors if those investments are profitable. The sponsor and guest said the bill would not bar such investments; it is intended to regulate proxy voting recommendations, not investment decisions. They described the bill as a proactive measure to reinforce fiduciary responsibility and limit outside proxy influence on pension voting. No final vote on either bill was taken in the portion of the meeting provided.
FL

Florida 2026 Regular Session

Appropriations Committee on Agriculture, Environment, and General Government Mar 26th, 2025

Appropriations Committee on Agriculture, Environment, and General Government

Transcript Highlights:
  • I believe there's something in the bill about insurance and ESG.
  • Could you explain a little more about what we are doing with regard to agriculture insurance and ESG?
  • I believe there's something in the bill about insurance and ESG.
  • I believe there's something in the bill about insurance and ESG.
  • Could you explain a little more about what we are doing with regard to agriculture insurance and ESG?
Summary: The Appropriations Committee on Agriculture, Environment, and General Government heard a presentation on its 2025-2026 budget recommendations and adopted the proposal as a recommendation to the full Senate Appropriations Committee. The chair highlighted major funding items including more than $1.2 billion for water quality and Everglades work, citrus recovery, food bank and pantry grants, wastewater and drinking water loans, beach restoration, flood and sea level rise projects, rural land protection, disaster loans, state facilities repairs, SLERS, accounting system replacement, and continued funding for My Safe Florida Home. Staff were authorized to make technical adjustments, and members were told final proviso project lists would be printed later in the week. The committee then considered several bills and reported them favorably, including SB 796 on DEP general permits for distributed wastewater treatment systems to help local governments address failing septic-related water quality problems; SB 1162 expanding boating improvement and water access facilities programs; SB 466 implementing the Florida Museum of Black History task force’s selection of West Augustine as the museum site; SB 178 creating a FAMU agronomic study on viable crops for land taken out of production; CS/SB 678 allowing pawnbroker transaction forms to be printed or digital; and CS/SB 736 updating the Brownfields program, with a technical amendment adopted. Testimony on these bills was generally supportive, with speakers from affected industries, local governments, and advocacy groups. The committee also took up CS/CS/SB 700, the comprehensive Florida Farm Bill, which included technical agency changes and major policy provisions such as restrictions on additives to public water supplies, labeling requirements for meat, milk, poultry, and eggs, drone-related protections for farmland, disaster recovery loan updates, an honest services registry for charities, FFA scholarship and school infrastructure provisions, and a mechanism for state purchase of former solar-converted agricultural land. The water-additive provisions drew extensive debate and testimony from supporters and opponents, including dental professionals, public health advocates, and groups arguing for medical freedom and local control. Despite the controversy and a no vote from Senator Arrington, the bill was reported favorably. Finally, SB 1226 creating a regulatory framework for pet insurance was also reported favorably, and the committee adjourned after members recorded additional votes on several bills.