[1/2] Florida Governor Ron DeSantis walks outside the Treasury during his visit in London, Britain April 28, 2023.
The bill is one of the furthest-reaching efforts yet by U.S. Republicans against sustainable investing efforts, and a clear political message from DeSantis, a likely presidential candidate.
We do not want them engaged on these ideological joyrides," said DeSantis just before he signed the bill at a webcast event.
Analysts said the legislation goes further than other state anti-ESG bills, even as business groups worry the efforts pose financial risks.
There are climate and weather risks that are highly relevant, especially in a state like Florida, and would be captured in our assessment of credit risk," Torgerson said.