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New European Union ESG Law Will Eliminate Economic Freedom, Individual Liberty, and U.S. Sovereignty

In May 2024, after years of intense legislative negotiations, the European Union (UN) approved a sweeping new law called the Corporate Sustainability Due Diligence Directive (CSDDD). The CSDDD was deliberately designed to transform business practices and, by extension, social and economic activities across the world, including in the United States.

This authoritarian directive, one of the most ambitious laws passed in recent memory, poses one of the greatest threats to freedom experienced by American families today.

The informative paper below, written by Justin Haskins and Jack McPherrin of the Heartland Institute, outlines the dangers of this new ESG law, not just for Europe but America as well.

Please get in touch with us if you would like assistance with legislation to combat ESG in your state.

AI and ESG: How Artificial Intelligence is Being Designed to Advance Left-Wing Goals

Artificial intelligence has the potential to dramatically improve Americans’ quality of life, but it could also be used as a tool by activists, academics, and big corporations to radically transform society, making AI one of the biggest threats to freedom in the world today.

Lawmakers should carefully consider the use of environmental, social governance (ESG) metrics in AI and the implications it could have for their states’ key industries and values.

Read the rest of the Policy Tip Sheet here. 

Reach out to us here if you would like assistance with legislation in your state. For more information on AI, see our Tip Sheets on AI in Banking and AI in Criminal Justice.

ESG in Banking – States Legal Authority

States nationwide have passed legislation to combat the dangerous environmental, social, and governance (ESG) practices used by asset managers, financial institutions, public universities, and government entities. These policies have included prohibiting the use of ESG in state pension funds and stipulating that state contracts cannot be awarded to companies that use ESG metrics to discriminate against crucial state industries such as oil, gas, coal, lumber, etc.

The most serious threat ESG poses is to individual freedom. And while states have taken action to protect state funds and the use of state resources, very few have passed bills to protect citizens’ essential economic freedom. A couple of the states that have taken decisive action are Florida (2023) and Tennessee (2024). Both have passed bills to ensure banks cannot discriminate against citizens (de-bank them) because of their religious or political beliefs. It is crucial that consumer protection legislation, similar to what Florida and Tennessee have implemented, is enacted in every state in the nation without delay.

The informative paper below, written by Justin Haskins, Director of the Socialism Research Center at the Heartland Institute, outlines states’ legal authority to regulate the use of ESG in banking.

Please get in touch with us if you would like assistance with legislation to combat ESG in your state.