Report: Anti-ESG legislation slowed in 2024, but it’s still having a ‘chilling effect’

Only six of 161 anti-ESG bills in 28 states actually passed this year. Even so, some companies are walking back commitments on sustainability and racial equity.

Legislation opposing ESG initiatives once again dominated state legislative agendas in the 2024 sessions, but increased opposition from everyone from investors to business leaders managed to squash most of those efforts, a new report from policy research and advisory firm Pleiades Strategy has found.