DeSantis ban on ‘woke’ investments could hurt state pension fund, experts say

TALLAHASSEE, Florida — After banning CRT in the classroom and board room, Gov. Ron DeSantis has a new target in his culture war against “wokeness” with another acronym most folks have never heard of — ESG. DeSantis says he views investment policies that take “Environmental, Social and Governance” issues into consideration as an existential threat to Florida’s people and economy, just as he sees Critical Race Theory undermining the state’s social and cultural values. “This is a movement to harness economic power to move an agenda that doesn’t have enough appeal to win at the ballot box,” DeSant...