Americans for Prosperity-South Carolina Applauds Governor McMaster for Signing ESG Pension Protection Act Into Law

Feb 15, 2024 by AFP

COLUMBIA, SC—Americans for Prosperity-South Carolina (AFP-SC) applauded Governor Henry McMaster for signing the ESG Pension Protection Act into law. As early supporters of the legislation, AFP-SC was thrilled to see swift action taken in the State House to ensure environmental, social, and corporate governance (ESG) stays out of the decision making for investments of hardworking families in South Carolina.

AFP-SC State Director, Candace Carroll, released the following statement:

“This law takes necessary steps to keep South Carolinians’ retirement savings protected from politically motivated investments, and we are thrilled the legislative body and Governor took action for their constituents by passing the measure.

“Budgets are already strained in our current economy and people who have saved their entire lives should see their money maximized, not penalized by the woke ESG agenda. South Carolinians want limited government in their lives and especially in their pocketbooks.”

Background

The ESG Pension Protection Act, H 3690, first passed the State House last spring. Since then, AFP-SC has been a leader in advocating for H 3690. In August, AFP-SC hosted a listening session with Attorney General Alan Wilson highlighting the devastating impacts that environmental, social, and governance (ESG) policies have on small businesses around South Carolina.

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