ATLANTA, GA – On Monday, the Georgia State Senate unanimously passed legislation that protects state employee and teacher pensions from environmental, social, and governance (ESG) investment strategies that put political agendas ahead of returns on investment. SB 266, introduced by Senator Marty Harbin (R-Tyrone), now awaits action in the House. The Opportunity Solutions Project (OSP) urges the Georgia House of Representatives to swiftly pass this legislation.
“The Senate took an important step this week to ensure that Georgia teachers and public employees have their pensions invested prudently—not to further radical political agendas,” said Amanda Prater, Visiting Fellow at OSP. “Now, the House must act to prevent ESG from harming the financial security of thousands of workers.”
The Opportunity Solutions Project is a non-profit, non-partisan advocacy organization that specializes in health care, welfare, work reform, and election reform.