A Times investigation revealed a coordinated effort by state treasurers to use government muscle and public funds to punish companies trying to reduce greenhouse gases.
The move to exclude financial institutions from state business is part of a growing effort by Republican officials to shut out companies that are backing away from fossil fuels.
Legislators and their allies are running an aggressive campaign that uses public money and the law to pressure businesses they say are pushing “woke” causes.
Bill Gates has raised hundreds of millions from seven U.S. firms to develop clean technologies that could play a key role in the fight against climate change.
Shareholders elected at least two of the four directors nominated by a coalition of investors that said the oil giant was not investing enough in cleaner energy.
