Republican AGs Warn Financial Institutions that DEI and ESG Policies May Risk Enforcement Action
A group of 11 Republican AGs announced that they have sent letters to multiple financial institutions (collectively, “Financial Institutions”) warning that the companies’ diversity, equity, and inclusion (DEI) and environmental, social, and governance (ESG) commitments may violate state and federal laws and risk enforcement action. The letter states that the Financial Institutions appear to be implementing…