Utah Township Rejects ESG Investing

Source: Newsmax
Published: Mar 8, 2023
Author: Nick Koutsobinas
Post Date: 2023-03-08 21:46:38 by Charles_Byrd
Views: 211

On Tuesday, the city council of Riverton, Utah announced it "unanimously approved a resolution" objecting to placing its financial management in the hands of investment firms utilizing ESG scoring criteria.

"ESG policies are a deliberate politicization of financial institutions," Riverton Mayor Trent Staggs stated following the council's decision. "An individual or organization's political views should not be a consideration when determining credit scores or whether to lend money."

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