Kentucky
Executive and Legislative Actions
- Kentucky – HB 236
- Passed March 2023
- Passed March 2023
- 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
Legal Actions
- 19 Attorneys General Investigate Six Major Banks over ESG Investing
- 18 AGs Open Investigation into ESG Ratings Company Morningstar and its Subsidiary Sustainalytics
- 17 AGs file motion to stop BlackRock from using utility companies to push ESG agenda
- 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.”
- 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”
- 14 Attorneys General and Consumers’ Research file motion with FERC to prevent Vanguard from authorization to purchase energy shares
- 25 State AGs slam SEC proposed rule on NACs as unlawful and bad policy
- 19 State Attorneys General file complaint with the Federal Energy Regulatory Commission Challenging the Federal Government for Overstepping Authority and Forcing Costly “Green Energy” Transition on States
- 19 State Attorneys General file complaint with the Federal Energy Regulatory Commission demanding private asset managers be prevented from purchasing ownership stake in public utility companies
- 18 State Attorneys General sue the SEC for unconstitutional overreach of cryptocurrency
- 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
- 19 AGs Sent a Letter to BlackRock Calling Out Their ESG Practices with State Pension Investments
- Kentucky Attorney General and Treasurer Send Letter to State Pension and Retirement Authorities to Cut ESG Out of State Pensions Investments
- 19 Attorneys General Send Letter to JP Morgan Chase Bank CEO Warning Against Discrimination Towards Customers for Religious or Political Affiliation
- 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
- AGs
- 18 state Attorneys General probe MSCI for BDS practices against Israel
- >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
- 19 Attorneys General Demand Costco End DEI Policies
- West Virginia Attorney General Leads 22-State Coalition to Fight Back Against Unconstitutional NY Superfund Law
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
- 30 state financial officers send letter to SEC urging the rejection of a rule allowing the privatization of public lands
- 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
- 23 States Signed Letter to President Biden Declaring the Importance of America’s Energy Independence
- 34 Financial Officers from 27 States Send Letter to President Biden calling him out on new Federal Housing Finance Agency Policy
- 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
- 17 States Send Letter to Morningstar raising concerns about ESG ratings negatively impacting companies with connections to Israel
- Montana Attorney General Sends Litigation Hold Notice to National Association of Attorneys General Regarding ESG Investments, Demanding the Return of Montana Funds
- AG
- 15 State Financial Officials Demand Action from Bank of America on Debanking Practices
- 26 state financial officers send letter to the Financial Accounting Standards Board (FASB) urging the organization to not politicize accounting principles to include climate disclosure reporting.
- 16 State Financial Officers Send Letter to ISS calling out the inclusion of ESG topics in their annual benchmark policy survey and Review
- 17 State Financial Officers Send Letter to Fortune 100 Executives Urging them to Abandon Discriminatory DEI Policies