Idaho Republicans concerned over environmental, social investment standards
A large group of Idaho politicians and lobbyists met at the Statehouse on Tuesday for a discussion about the standards — which are better known as ESG — in the credit rating and business investment space. ESG ratings are part of a process meant to measure certain aspects of a company or entity that may indicate social consciousness, commitment to sustainability and potential investment risks.
The Idaho Legislature’s interim Committee on Federalism met right after the ESG discussion and continued to discuss the issue with Jonathan Williams, a chief economist from the American Legislative Exchange Council, and Scott Shepard, director of the Free Enterprise Project. Williams said Idaho should consider more legislation next year aimed at keeping ESG out of public pension investments.
Photo credit: Kelcie Moseley-Morris/Idaho Capital Sun
