COLUMBUS (11-22-23) –State Representative Angie King (R-Celina) recently introduced legislation to the House Financial Institutions Committee that will prevent the practice of environmental, social and governance (ESG) practices by Ohio companies and banking institutions.
The legislation would empower the Treasurer of Ohio to create a list of all businesses that practice ESG economic boycotts and make the list publicly available. The legislation would also prohibit government entities from purchasing holdings or entering contracts with companies that practice ESG standards and would charge the attorney general’s office with upholding and enforcing contract requirements.
King said-
“Rather than determining the creditworthiness and value of a business or industry based upon objective measures such as profit, return on investment, consumer demand and other material performance measures, a social credit score is being used to transform society and ‘reset’ the global financial system.”
House Bill 4 will also prohibit insurers from refusing to provide coverage or charge different rates for customers solely based on ESG standards.
The legislation has not yet been scheduled for additional hearings in the financial institutions committee.
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State Representative Angie King was elected in November 2022 to the Ohio House of Representatives. She represents the 84th House District, serving residents of Mercer, Darke and Auglaize counties.
Mercer County Outlook 
Mrs. King: I respectfully disagree with your position. It is not up to you to tell me what is “profitable.” What you call profit, another may see as a loss to the environment, or to American society.
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