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Business group sues to strike Texas’ anti-ESG investment ban

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Business group sues to strike Texas’ anti-ESG investment ban


AUSTIN — A progressive business group has sued to strike a 2021 Texas law that banned the state from doing business with companies the state has deemed hostile to the fossil fuel industry.

The American Sustainable Business Council filed suit against Attorney General Ken Paxton and Comptroller Glenn Hegar, alleging that Senate Bill 13 violates the First and Fourteenth Amendments.

Paxton and Hegar did not immediately respond to requests for comment.

The so-called anti-ESG law (which stands for environmental, social and governance) has led Texas to divest investments from 16 financial companies, including investment giant BlackRock, Inc. and UBS Group AG. Neither firm is a plaintiff in the suit.

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“SB 13 is not just a misguided policy; it is an unconstitutional attack that stifles free speech and punishes businesses for prioritizing responsible investments,” said David Levine, president and co-founder of the American Sustainable Business Council. “By challenging SB 13, we aim to protect the rights of all businesses to operate freely and responsibly.”

The law came about in response to several investment companies adopting investment philosophies that prioritized environmental issues, social issues and corporate governance. BlackRock, which controls about $10.5 trillion in assets, was made a centerpiece of the political uproar in Texas after its CEO announced that it was turning away from oil and gas investments.

BlackRock’s CEO Larry Fink has signaled a willingness to make amends with Texas lawmakers by cohosting a natural gas investment symposium alongside Lt. Gov. Dan Patrick earlier this year in Houston. However, the company remains banned from doing business with Texas, according to the comptroller’s office.

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The American Sustainable Business Council includes members Etho Capital and Sphere – investment firms that manage index funds focused on climate sustainability. The comptroller’s office has blacklisted “flagship investment funds” from each company, according to the lawsuit.

Since the law’s implementation, state funds such as the Permanent School Fund and Teacher Retirement System of Texas have unloaded billions of dollars in assets once managed by BlackRock and other companies banned from Texas. That has cost taxpayers about $1.5 billion in unrealized financial gains and increased interest payments on government loans, according to economists at the Perryman Group.

Democracy Forward, a progressive legal advocacy organization, is representing plaintiffs.

“Governor [Greg] Abbott should have never signed SB 13. The law is bad for Texas businesses and taxpayers and violates the U.S. Constitution,” said Skye Perryman, Democracy Forward’s CEO. “It is past time for Gov. Abbott, Lt. Gov. Patrick and their associates in the Texas legislature to prioritize the wellbeing of people in the state. Texas businesses, taxpayers, workers, and public employees will be better off if SB 13 is struck down.”



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Austin, TX

Texas Baseball Proved It’s a Legit Contender In The Race To Omaha Against Tarleton State

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Texas Baseball Proved It’s a Legit Contender In The Race To Omaha Against Tarleton State


Almost one year ago today, the Texas Longhorns found themselves in the losers’ bracket of their own regional, falling to the No. 3 seed UTSA Roadrunners in the 2025 Austin Regional. 

For just a brief moment, it looked as if history was going to repeat itself once again, as the No. 3-seeded Tarleton State Texans got another chance at an upset, beating the Longhorns back in the regular season, 6-1, at UFCU Disch-Falk Field. 

But today, history was not going to repeat itself — the team that the Texans saw in the regular season was a different animal than the iteration in the winners’ bracket. Under another furious day at the plate for Texas, and an outstanding night on the mound for Dylan Volantis, Texas was not going to fall into the losers’ bracket for a second consecutive year. 

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“Obviously that guy on the mound, he’s one of the best pitchers, if not the best pitcher in college baseball for a reason,” said Tarleton State head coach Fuller Smith about Volantis. “We didn’t do a very good job, and I don’t know if we would beat anybody tonight, to be honest.” 

Longhorns Look Unstoppable 

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Texas junior outfielder Aiden Robbins chants after hitting a double in the fifth inning against Mississippi State on May 2, 2026, at UFCU Disch-Falk Field in Austin, Texas. | Noah McCord, The Reflector

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If the past two days proved anything, Texas is playing its best baseball at the most crucial time of the season — in all three fronts of the game. 

After a poor showing in the Southeastern Conference tournament by the Longhorns’ top three hitters. Aiden Robbins, Carson Tinney, and Anthony Pack Jr. have carried the brunt of the Texas offense in the postseason. 

In the second inning alone, the trio rocketed three straight home runs to put the Texans down an early 6-0 hole, a deficit they would not come out of. 

“I remember when I stepped on home plate [Anthony] Pack Jr. greeted me at home,” Tinney said.  I looked at him, I was like, ‘It’s your turn now.’ And then two pitches later, he sent one out.”

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Defensively, the Longhorns’ outfield, which struggled trying to find the right combination, has finally found the right grouping in Robbins, Pack Jr., and Dariyan Pendergrass. 

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Robbins and Pendergrass both were able to come up with deep fly ball grabs in the past two games. In the infield, missing core member Ethan Mendoza at second base, nonetheless, has yet to skip a beat. 

“Pendergrass is a pretty veteran player, he’s been around the block a few times in college baseball,” Texas head coach Jim Schlossnagle said. “Aiden has been a great teammate — Pack [Jr.] has improved greatly over the course of time.” 

However, the real star of the regional so far has been the dominance on the mound from starters Luke Harrison and Volantis. 

In the regional defining game, Volantis had no issue tossing up the Tarleton State order, who found great success against UC-Santa Barbara in the opening game. The sophomore pitcher lasted 6.2 innings, tossing seven strikeouts and allowing just three hits on the night. 

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With the giant lead by the time Volantis was pulled in the sixth inning, the Longhorns still have not used any of their premier relief arms in this regional. 

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“Those two innings were definitely helpful [in the SEC Tournament],” Volnatis said. “I definitely could have done the same without those two innings today.” 

Texas now awaits a third rematch with Tarleton State or UC Santa Barbara and will not have to face either of their premier arms — notably Guachos pitcher Jackson Flora, a surefire first-round selection in this year’s MLB Draft. 

The Longhorns will roll with Ruger Riojas tomorrow night and likely unload its best arms who have not seen action since the final regular season series against Missouri to seal up their first regional victory in three seasons. 

“It’s always good to stay in the winner’s bracket and avoid those moments, but we haven’t won anything yet. We won two games,” Schlossnagle said. “I’m certainly excited about how we played to this point and yes, I’m glad we don’t have to play two tomorrow, but the tournament’s not over.” 

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Austin, TX

One dead, victim unidentified after APD responds to deceased person call in South Austin

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One dead, victim unidentified after APD responds to deceased person call in South Austin


One person is dead but has not been identified after the Austin Police Department responded to the scene of a deceased person call in South Austin Saturday afternoon.

According to officials, a deceased person was located in a parking lot just at around 12:25 p.m. at the 4400 Block of Pack Saddle Pass after officers responded to a check welfare urgent call.

The victim was pronounced deceased at 12:36 p.m. The incident is being investigated as a suspicious death, it is not being investigated as a homicide.

ALSO: I-35 frontage road at Williams Drive reopens after rollover crash with serious injuries

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The identity of the victim is still unknown, and the age and sex of the victim has not been released.

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Anyone with information that could help the investigation is encouraged to call the APD homicide unit at 512-477-3588 or APD Crimestoppers at 512-472-8477.



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Texas agency denies Austin ISD pause for 3 middle schools facing takeover risk

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Texas agency denies Austin ISD pause for 3 middle schools facing takeover risk


A possible state takeover continues to loom over the Austin Independent School District after the Texas Education Agency denied the district’s request for an accountability pause for three middle schools.

The denial also affects money that would have gone toward Burnet, Dobie and Webb middle schools, which have each received “F” ratings four times since 2019. A fifth “F” rating would open the district up to a state takeover.

Austin ISD schools expect to see their accountability scores, or grades, later this summer. If Burnet, Dobie, and Webb middle schools receive a fifth “F” each — all in the last seven years — the district could face a state takeover.

Houston ISD was taken over by the state in the 2023-2024 school year, and it has been reported as a rocky ride for teachers and families.

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Toni Templeton, a senior research scientist at the University of Houston Education Research Center, said, “Generally, what we’re seeing is a large exodus of both teachers and students from the district.” Templeton and two colleagues released the first part of an ongoing study into the Houston takeover in January. Templeton said, “What that signals to us is that parents are choosing to put students in a different schooling option,” including a neighboring district or charter schools.

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Austin ISD has not been taken over, and the district’s future hinges on the next set of ratings. Asked whether Austin ISD is in a vulnerable place and how likely a takeover is, a district spokesperson provided a statement released by Superintendent Matias Segura on Thursday, saying in part, “Over the last two years, student outcomes have continued to improve across Austin ISD.”

Ken Zarifis, president of Education Austin, also pointed to improvement while raising concerns about the state’s authority. “I think the state will take over a school district if it wants to, and I think that’s a problem, but what we’ve got here is we’ve got some information that I think that is hopeful that we’ve got to produce as far as test scores,” Zarifis said.

He added, “Yeah, I think it’s really important to see what they’re doing now? Not, what are they doing in 2022? What are they doing today? What have they been doing the last few years? And there’s been an improvement, and they’re very hopeful for at least two of the schools.”

A Texas Education Agency spokesperson said that because accountability ratings come out in August, it is too soon to speculate.



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