The Kansas Legislature on Thursday approved a bill intended to keep state and local governments from playing favorites with businesses employing environmental, social and corporate governance principles in their investing decisions.
The bill passed after it was nearly defeated in the Senate because it didn't go far enough to require the state to divest from foreign adversaries.
The bill bars state and local governments from showing favoritism to ESG, which includes making investment or contracting decisions based on whether a business might be fossil-fuel oriented . . .
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