In a Nov. 14 interview, Utah’s treasurer Marlo Oaks told The Epoch Times that environmental, social, and corporate governance (ESG) criteria are being used as a political tool, spurring a response from Utah and various other states worried about its consequences.
Oaks and a number of other Republican state treasurers had gathered for the national meeting of the State Financial Officers Foundation (SFOF), held at the Mayflower Hotel in Washington.
He has served as Utah’s treasurer since 2021. He previously managed multi-billion-dollar portfolios for a succession of firms, including Farmers Insurance Group.
Oaks said his background in finance helped him understand ESG early on….