A Texas federal judge has refused to let the state revive its anti-ESG investment law while its Fifth Circuit appeal plays out.

Indiana’s recently ratified House Bill (HB) 1273 arrives at a moment when several US states are testing how far they can go in shaping the information that underpins stewardship information and shareholder voting.

A proposal from ExxonMobil to shift its legal domicile from New Jersey to Texas lands at a moment when shareholder proposals have all but disappeared from its annual meetings and the company has introduced new structures that reshape how shareholder votes are cast and counted.

A clash over a BP shareholder resolution, the US Securities and Exchange Commission’s (SEC) retreat from traditional proposal review and ExxonMobil’s planned move to Texas all point to the same trend: management and regulators are testing the boundaries of shareholder scrutiny.

A Texas federal judge has struck down one of the US’ most prominent anti-environment, social and governance (ESG) laws, ruling that prohibiting state investment in companies avoiding financing fossil fuels is unconstitutional.