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Anti-ESG bill dies in Texas House (2025)
| Environmental, social, and corporate governance |
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| • What is ESG? • Enacted ESG legislation • Arguments for and against ESG • Opposition to ESG • Federal ESG rules • ESG legislation tracker • Economy and Society: Ballotpedia's weekly ESG newsletter |
A Texas bill that sought to shift the legal burden in shareholder lawsuits involving ESG policies failed in committee last week. The House Judiciary and Civil Jurisprudence Committee voted it down 9–1.
If enacted, the bill would have been the first to make it easier for shareholders to challenge ESG-related decisions by requiring companies to prove those actions were financially—rather than politically—motivated.
Texas was one of the first states to enact anti-ESG legislation in 2021.
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A measure aimed at further cracking down on the use of environmental, social, and governance (ESG) standards in corporate decision-making was defeated in the Texas House Judiciary and Civil Jurisprudence Committee, effectively ending the bill’s chances this session. House Bill 872 by State Rep. Brian Harrison (R–Midlothian) would have shifted the legal burden of proof in certain shareholder lawsuits, requiring corporations accused of improperly considering ESG factors to prove their actions were in the company’s best interest. … The vote on HB 872 came late enough in the legislative session that the committee could have simply declined to take action. Instead, the committee formally voted down the bill by a 9–1 margin, with State Rep. Mike Schofield (R–Katy) the only vote in favor.[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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