What Is ESG Investing—And Why Ron DeSantis Is Trying To Ban It From Retirement Funds

A slew of Republican-led states are attempting to prevent financial institutions from using state funds for environmental, social and governance (ESG) investing—which helps screen investments based on socially conscious factors—in a push that intensifies GOP attempts to challenge a "woke" practice that's garnered widespread adoption on Wall Street and trillions of dollars in investor funds.