Governor DeSantis’s efforts to distance Florida’s pension fund from ESG principles could have implications for taxpayers. Cutting ties with investment managers that emphasize ESG factors may lead to missed opportunities and potential future financial losses for the state pension fund.
As the debate around “woke investing” and ESG principles intensifies, there may be consequences for Florida’s pension fund.
Meanwhile, recent polling has Trump with a 30-point lead over DeSantis, in the 2024 Republican Presidential race.