First it was BLM. Then it was CRT. Now, another acronym is causing acrimony
TALLAHASSEE — This time it’s not CRT or BLM, but a new acronym that Gov. Ron DeSantis has put in his crosshairs — ESG, or “environmental, social and governance” policies.
The latest installment of DeSantis’ fight against what he calls “woke” corporations involves an effort to prohibit state investments that use ESG ratings, which can include taking into account impacts of climate change.
The governor made an appearance in Tampa on Wednesday to roll out a plan that would have the State Board of Administration, which oversees investments, direct pension-fund managers against “using political factors when investing the state’s money.”
“We want them (fund managers) to invest the state’s money fo...