Arizona Attorney General Stops State’s Probe Into ESG Banking Practices

Arizona Attorney General Kris Mayes announced that the state wouldn’t participate in further investigations of United States banks and financial institutions that engage in environmental, social, and corporate governance (ESG) lending and investment practices.
In a Feb. 13 statement, Mayes, a Democrat, accused her Republican predecessor Mark Brnovich of launching “politicized investigations” into the environmental sustainability policies of major financial banks and lending institutions.
“While my predecessor’s administration spent time and resources launching politicized investigations into the environmental sustainability efforts of major financial institutions, my administration is committed to using the tools and resources at our disposal to protect and secure the rights of Arizonans on matters that affect their daily lives,” Mayes said in one of her first major decisions since taking office in January….}