The Right Has It In for Woke Investors. The Only Problem? They Don’t Exist.

To coordinate messaging among treasurers and comptrollers, SFOF has contracted with CRC Advisors, a for-profit PR shop part-owned by right-wing legal crusader and Federalist Society guru Leonard Leo. Legal entrepreneurs and ESG opponents have found common cause elsewhere, too. The Center for Media and Democracy—a watchdog group that has tracked state-level anti-ESG efforts since their inception—confirmed in January that the Republican Attorneys General Association’s Rule of Law Defense Fund, which was active in rallying Trump supporters to the Capitol on January 6, 2021, now has an “ESG Working Group.”