June 6, 2023
NSSF Applauds Alabama Gov. Ivey Signing Anti-ESG Law
WASHINGTON, D.C. — NSSF®, The Firearm Industry Trade Association, applauds Alabama Gov. Kay Ivey for signing into law protections against state-funded contracts with corporate entities that hold discriminatory policies against politically-disfavored industries, including the firearm industry. Gov. Ivey signed the NSSF-supported SB 261, a law that prevents corporate businesses from benefitting from taxpayer-funded contracts while using those profits to diminish and deny Second Amendment rights.
“Governor Ivey’s signature on SB 261 puts ‘woke’ businesses on notice that Second Amendment rights are not for sale in Alabama,” said Lawrence G. Keane, NSSF Senior Vice President and General Counsel. “Corporate entities, in particular ‘woke’ Wall Street banks, adopted policies denying access to financial services for no other reason than they oppose Second Amendment rights. Wall Street can choose to hold on to those ‘woke’ discriminatory policies but Governor Ivey has made it clear that Alabama will choose to do business with those that share Alabama’s values and respect for fundamental rights protected by the U.S. Constitution.”
This new law requires corporations that contract with Alabama to certify that they don’t boycott companies or sectors of industry based on any purpose other than ordinary business purposes. The law also prohibits businesses from engaging in boycotts of investment strategies. Businesses that adopt discriminatory Environmental, Social and Governance can still do so; however, the law allows the state to choose with whom they will do business using taxpayer dollars.
“No matter how much Corporate America and the national media want to push their social issue of the day on folks, the state of Alabama will continue protecting both our values and our businesses,” said Gov. Ivey in a press statement. “Alabama citizens, in no way, shape, or form, want ESG influencing business in our state, and this legislation most certainly sends that message. Alabama – where businesses do business and government serves her people! We call it common sense.”
Alabama joins Florida, Montana, South Dakota, Utah, Texas and Wyoming with laws prohibiting the state from entering into contracts using taxpayer funds with corporate entities that discriminate against the firearm industry.
NSSF is the trade association for the firearm industry. Its mission is to promote, protect and preserve hunting and the shooting sports. Formed in 1961, NSSF has a membership of thousands of manufacturers, distributors, firearm retailers, shooting ranges, sportsmen’s organizations and publishers nationwide. For more information, visit nssf.org.