TBA Law Blog


Posted by: Paul Burch on Apr 10, 2023

Tennessee Attorney General Jonathan Skrmetti has joined 20 other state attorneys general cautioning 50 of the nation's largest asset managers about Environmental, Social, and Governance (ESG) investments they claim promote a political agenda over the fiduciary interests of their clients. In a press release, the coalition urged asset managers to choose between their legal duties to focus on financial return and the policy goals of ESG activists.