Kentucky - Consumers' Research

Kentucky

<< ESG Actions

Executive and Legislative Actions

Letter from Kentucky State Officials Objecting to S&P Global Ratings Use of ESG Criteria in State Credit Ratings

Legal Actions

25 Attorneys General Filed a Complaint Regarding the Department of Labor’s ERSIA Rule Allowing Asset Managers to Consider Climate Change for Investing and Proxy Voting

23 States Provided Comment to the U.S. Department of Labor in Response to the Proposed Rule “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” that would allow ERISA to make ESG considerations for investments.

23 States Provided Comments to OCC Regarding the Proposed Principles “Risk Management: Principles for Climate-Related Financial Risk Management for Large Banks”

24 States Provided Comments to the MSRB in Response to the “Environmental, Social and Governance (ESG) Practices in the Municipal Securities Market”

23 States Provided Comments Submitted to U.S. Department of Labor Requesting Information on Possible Agency Actions to “Protect Life Savings and Pensions from Threats of Climate Related Financial Risk”

KY AG Cameron Provided Opinion to KY Treasurer Ball that ESG Investment Practices are Inconsistent with Kentucky Fiduciary Duty

Letter from Kentucky State Officials Objecting to S&P Global Ratings Use of ESG Criteria in State Credit Ratings

18 AGs Open Investigation into ESG Ratings Company Morningstar and its Subsidiary Sustainalytics
- Letter to Morningstar and Sustainalytics

19 AGs Sent a Letter to BlackRock Calling Out Their ESG Practices with State Pension Investments
- Letter Sent to Larry Fink, CEO of BlackRock

21 AGs Provided Comment to the SEC Proposed Rule “Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practices”

21 AGs Provided Comment to the SEC Proposed Rule “Enhanced Disclosures by Certain Investment Advisers and Investment Companies about Environmental, Social, and Governance Investment Practices”

17 Attorneys General Send Letter to Comptroller of the Currency (OCC) Hsu Regarding the Appointment of the Climate Risk Officer and the Misguided Focus on “Climate-Related Financial Risk”

19 Attorneys General Investigate Six Major Banks over ESG Investing

Kentucky Attorney General and Treasurer Send Letter to State Pension and Retirement Authorities to Cut ESG Out of State Pensions Investments

14 Attorneys General and Consumers’ Research file motion with FERC to prevent Vanguard from authorization to purchase energy shares
- Motion Filing to FERC from Consumers’ Research

16 AGs demand Biden Admin reverse course on progressive climate policies leading to SVB collapse

21 Attorneys General Send Letter to 53 Financial Institutions Threatening to Take Legal Action if these Firms Do Not Keep Their Clients’ Interest Ahead of Political Agenda at Forefront of Investing

19 Attorneys General Send Letter to JP Morgan Chase Bank CEO Warning Against Discrimination Towards Customers for Religious or Political Affiliation

17 AGs file motion to stop BlackRock from using utility companies to push ESG agenda

23 AGs put companies on notice Net Zero alliances could mean Antitrust Violations

13 AGs send letter warning Fortune 100 companies after Affirmative Action ruling

22 AGs Demand Answers Over Climate Group Antitrust Violations

25 AGs Blast Biden Admin’s Electric Vehicle Demands in Letter

Financial Actions

23 States Provided Comment to the U.S. Department of Labor in Response to the Proposed Rule “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” that would allow ERISA to make ESG considerations for investments.

23 States Provided Comments to OCC Regarding the Proposed Principles “Risk Management: Principles for Climate-Related Financial Risk Management for Large Banks”

24 States Provided Comments to the MSRB in Response to the “Environmental, Social and Governance (ESG) Practices in the Municipal Securities Market”

23 States Provided Comments Submitted to U.S. Department of Labor Requesting Information on Possible Agency Actions to “Protect Life Savings and Pensions from Threats of Climate Related Financial Risk”

18 States Provided Comments to SEC Proposed Rule on “The Enhancement and Standardization of Climate-Related Disclosures for Investors”

16 States Provided Comments submitted to FDIC Proposed Principals on the “Statement of Principles for Climate-Related Financial Risk Management for Large Financial Institutions”

16 AGs demand Biden Admin reverse course on progressive climate policies leading to SVB collapse

22 State Financial Officers demand answers from Yellen on debt ceiling plan
- Treasurer
- Auditor

18 States Send Letter to President Biden Opposing Nominee Saule Omarova to U.S. Comptroller of the Currency because of her Radical Views on Controlling the Private Banking Sector

21 States Send Letter to President Biden Proposing Nominee Sarah Bloom Raskin for Federal Reserve Bank Due to Her Radical Beliefs in Shaping the Financial Industry through a Political Lens

- Treasurer
- Auditor

Kentucky Attorney General and Treasurer Send Letter to State Pension and Retirement Authorities to Cut ESG Out of State Pensions Investments

Letter from Kentucky State Officials Objecting to S&P Global Ratings Use of ESG Criteria in State Credit Ratings

KY Treasurer Ball Requested Opinion on the Role of Stakeholder Capitalism and ESG Practices in Kentucky Public Pensions

16 States Send Letter to U.S Banks Encouraging Unbiased, Nonpolitical Financing of Industries

KY treasurer Ball Supported Legislation Allowing the State Treasurer to Publish a List of Institutions Engaged in Boycotts of Energy Companies

- Senate Bill Text

- Legislation Signed into Law April 2022

- AG