Partners Lance Dial and Liz Goldberg and associate Rachel Mann authored an article for Law360 about the trend of states passing legislation that would prohibit business with managers who invest based on environmental, social, and governance (ESG) criteria. These anti-ESG state legislative efforts could complicate the use of ESG by public retirement plans and put retirement plan fiduciaries and providers of retirement plan investment products in a tricky spot, looking to bridge their fiduciary obligations with these new limitations.