Skip to Content

Kansas anti-ESG push slowed by debate over private investors

KMIZ

By JOHN HANNA
AP Political Writer

TOPEKA, Kan. (AP) — Republican lawmakers pushing to prevent Kansas from investing its funds using socially and environmentally conscious principles disagree about imposing rules for investment managers handling private funds. That’s complicating their efforts to thwart what they see as “woke” investing that could hurt the state’s investment earnings. Committees in the Kansas House and Senate this week approved competing versions of anti-ESG legislation. ESG stands for environmental, social and governance. The Senate version would require private money managers to get their clients’ written consent before investing their funds along ESG principles. The House bill contains no such provision. Supporters say it gives investors a broader and better view of risk.

Article Topic Follows: AP Kansas

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content