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A Texas court backed a fiduciary claim over 401(k) ESG investments but denied damages, limiting litigation risk.
In October 2025, SEC Chair Gary Gensler criticized ESG shareholder proposals, saying they lack broad support and burden management, while a Texas court upheld a fiduciary duty claim against a 401(k) plan’s ESG investments but denied damages due to lack of proven financial loss, limiting future litigation incentives.
The Department of Energy urged faster grid access for data centers and industrial loads, ExxonMobil sued California over climate disclosure rules, and legal experts discussed clean ammonia financing and foreign ownership impacts on clean energy tax credits.
Meanwhile, Dragonfly Energy raised $84 million in two offerings, advancing its nontoxic, deep-cycle lithium-ion battery technology with plans for safer, all-solid-state cells.
Un tribunal de Texas respaldó un reclamo fiduciario sobre inversiones ESG 401 (k), pero negó los daños, lo que limitó el riesgo de litigio.