DeSantis wants to ban state pension investments based on political factors

DeSantis Watch, a joint effort by Progress Florida and Florida Watch to defeat DeSantis in November, responded Wednesday with a statement saying DeSantis’ plans would limit Florida’s ability to fight the climate crisis:

‘Today, Florida Governor Ron DeSantis announced he would prohibit the State Board of Administration (SBA) from taking into account the impact corporations the state invests in through our pension fund have on the environment, their commitment to human rights, and their standards for bribery and corruption. By prohibiting the use of environmental, social, and governance standards when the state makes investment decisions the governor is once again doing the bidding of his large corporate donors and billionaire supporters like Elon Musk instead of putting the best interests of Floridians first,” it reads.

“Florida is ground zero for the climate crisis but once again Ron DeSantis lacks the courage to take any real action to protect the livelihoods of the people of our state,” said DeSantis Watch Constituencies Director Natasha Sutherland.