The E.S.G. Fight Has Come to This: Bankers Suing Lawyers.
“In October, Kentucky’s attorney generalorderedsome of the nation’s biggest banks and investment firms to turn over piles of documents that had the word ‘climate’ or ‘environmental’ in them. The bankers went to court to fight him.”
[COMMENTARY] I suspect that when US ‘red’ states promoted anti-ESG regulations, they never suspected that teams of bank lawyers in their states would take them on! And in Kentucky, the banking association lawyers described such anti-ESG regulations as “creating an ongoing state surveillance system.” Also, they said, “The bankers further claimed that the attorney general was violating their right to free speech and freedom to associate.” Those anti-ESG states are getting more than they bargained for!
The E.S.G. Fight Has Come to This: Bankers Suing Lawyers, by Ron Lieber. February 24, 2023, The New York Times, USA.