Finance Media Monitor | 8.16.23



New York City pension funds asked the state’s Supreme Court to dismiss a lawsuit against them for divesting from fossil fuels. The funds argue that the plaintiffs are wasting the Court’s time and trying to protect companies that repeatedly uplift fossil fuels despite the necessary transition to a low carbon economy. 

Elsewhere, Oklahoma Treasurer Todd Russ is rolling back the number of firms banned from doing business with the state for allegedly boycotting oil and gas companies. The move to slash half of the blacklisted firms could mean Republican money managers are finally catching on to the financial consequences of anti-ESG attacks.





  • Kelly Mitchell quoted a tweet: The problem with ESG is, surprisingly, not that it’s a tool of a woke global cabal hell bent on subverting democracy. The problem is that it’s been an underregulated marking tool for a bunch of otherwise shitty companies. SEC should flex.
  • Justin Baragona shared a video: This is where the conservative movement is now. Charlie Kirk calls on Republican attorneys general to launch a “criminal investigation” into Target CEO Brian Cornell, calling him a “pervert groomer” and “very sick person” who “really has like a fetish for going after children.”


  • August 17: World Resources Institute One Year of the Inflation Reduction Act Webinar: A conversation with Ali Zaidi, White House National Climate Advisor. Register here
  • August 23-25: Global Research Alliance on Sustainable Finance and Investment 2023 Annual Conference. Register here
  • August 24-26: The Federal Reserve Bank of Kansas City 2023 Economic Policy Symposium “Structural Shifts in the Global Economy.” 
  • September 17-24: Climate Group Climate Week NYC. View list of events here
  • September 20: UN Climate Ambition Summit.