(The Center Square) — A resolution to discourage the state’s retirement systems from considering environmental, social, and governance policies in investments stalled in a Senate committee Tuesday.
The Senate Judiciary A Committee on Tuesday deadlocked 3-3 to involuntarily defer House Concurrent Resolution 110, sponsored by Rep. Blake Miguez, R-New Iberia, which aimed “to urge and request state and statewide retirement system board of trustees to uphold their fiduciary duty when making financial decisions and to not allow environmental, social, and governance policies to influence their investment decisions.”
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