South Carolina Signs ESG Bill into Law
Small business owners are asking why Europe and China are now in charge of the American economy.
Last week, Act 103 of 2024 was signed into South Carolina law by governor Henry McMaster that requires state pension fund officials to only consider financial factors when making investment decisions. This is an ESG related piece of legislation.
What’s interesting about Act 103 is that it is consistent with the Federal ERISA Act passed back in 1974. F…
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