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Texas Legislature 2023

Lawmakers passed a bill to stop insurers from considering ESG criteria in setting rates

So-called environmental, social and governance policies are often adopted by companies to reduce their carbon footprints. The new Texas bill aims to stop insurers doing business in Texas from using ESG criteria, but it doesn’t include penalties for violations.

State Rep. Tom Oliverson, R-Cypress, presents SB 14, which seeks to ban puberty blockers and hormone therapies for transgender youth, for it's second reading on the House floor at the state Capitol in Austin on May 12, 2023.

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Politics State government