January 2 – 5, 2023

N=1600 Registered Voters Nationally

Margin of Error +/- 2.45%
Methodology
• Online survey among 1,600 registered voters nationwide conducted
January 2 – 5, 2023. Respondents were selected randomly from opt-
in panel participants. Sampling controls were used to ensure that a
proportional and representative number of respondents were
interviewed from such demographic groups as age, gender, race, and
geographic region.
• Gender breakdown: 48% men – 52% women
• Party ID breakdown: 30% Republican, 34% Independent, 36% Democrat
• ±2.45% overall margin of error at the 95% confidence interval for
overall survey. M.O.E.s for subgroups are larger.

Conducted for 85 Fund 1

How much of your own money would you be willing to
personally spend each month to reduce the impact of climate
change?
37%

17%

12%
8% 8%
5% 4%
1% 1% 2% 2% 2% 1% 1%
* * * * * * *

Conducted for 85 Fund 2

When government pension funds are investing their money,
which of the following do you believe should be the primary
focus?

71%
59% 67%
60%
57%
52%
48%

30%
21% 27%
14% 20% 21%
15%13% 16% 17%
6% 13% 14% 14%
10%

Maximizing the Impacting socially Other Unsure / Refused

amount of money conscious public
earned for retirees policy REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 3

Have you ever heard of ESG?

70%
72% 74% 72%
68% 70%
66%

25%
20% 19%
19% 18%
15%
18%
12% 10% 10% 12% 10%
11% 9%

Yes No Unsure / Refused REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 4

What does ESG stand for? (N=305)

71%

11% 11%
3% 2% 2%

Shorthand for a type of Shorthand for the energy Shorthand for a type of Initials of a new Something other than the Don't Know
socially conscious efficiency ratings of school curriculum teaching professional golf above
investment criteria appliances method association

Conducted for 85 Fund 5

Have you recently seen, read, or heard anything about
Environmental, Social, and Governance investment criteria,
also known as ESG?

73%
77% 76%
72% 73% 74%
67%

27%
21% 20%
20% 18% 18%
15%
7% 7% 7% 6% 8% 6%
7%

Yes No Unsure / Refused REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 6

Based on what you have seen, read, or heard, do you
have a positive or negative view of ESG? (N=314)

62%

37%
34%
12%

26%
21% 4%

Positive Negative Unsure / Refused

Very Positive Somewhat Positive Very Negative Somewhat Negative

Conducted for 85 Fund 7

Do you approve or disapprove of banks that refuse to do
business with companies or organizations that they disagree
with politically?

62% 63%
54% 60%
55%

24% 43%
30% 39%41% 38%

20%
17% 26% 27% 26%
23%
30% 20% 19% 19%
16% 14%
9% 11%

Approve Disapprove Unsure / Refused

Strongly Approve Somewhat Approve
Strongly Disapprove Somewhat Disapprove REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 8

Do you agree or disagree that states should not do
business with companies that advocate for policies
that hurt their state’s economy?

67%
62% 63% 62%
61% 61%
58%

37%

22% 23% 23% 25%

16% 21% 21% 20%18%
16% 16% 16% 17%
14%
25% 12%
8%

Agree Disagree Unsure / Refused

Strongly Agree Somewhat Agree Strongly Disagree Somewhat Disagree REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 9

Do you agree or disagree that states should not do business
with companies that advocate for policies that make
electricity more expensive for the state’s consumers?

74%
68% 67% 67% 68%
65% 66%

34%

20% 22% 21% 22%

18% 19% 19%
34%
12%
12% 14% 16%
11% 12% 13%
7%
8%

Agree Disagree Unsure / Refused

Strongly Agree Somewhat Agree Strongly Disagree Somewhat Disagree REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 10

Do you agree or disagree that states should not do business
with companies that advocate for policies that make
gasoline more expensive for the state’s consumers?

74%
70%
67% 67% 68% 66%
65%

33%

20% 22% 21% 22%

37% 18% 19% 19%
10% 14% 16%
12% 12% 13%
11%
7%
8%

Agree Disagree Unsure / Refused

Strongly Agree Somewhat Agree Strongly Disagree Somewhat Disagree REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 11

Do you agree or disagree that states should not do business
with companies that advocate for policies that make food
more expensive for the state’s consumers?

79%
72% 75%
72% 70% 70% 69%

31%

42%
19%
18% 20% 18% 20% 19%
17%
10% 9% 12% 12%
9% 10%
7% 5%
9%

Agree Disagree Unsure / Refused

Strongly Agree Somewhat Agree Strongly Disagree Somewhat Disagree REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 12

Do you agree or disagree that states should not do business with
companies that help build coal plants and pipelines in China while
trying to shut down coal plants and pipelines in the United States?

78%
75%
70% 69%
66% 67% 65%

25%

45% 17% 19% 20%

13% 18% 17%15% 16%18% 16% 15%
14%
10%
7% 6%
7%

Agree Disagree Unsure / Refused

Strongly Agree Somewhat Agree Strongly Disagree Somewhat Disagree REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 13

Several states have fired companies managing the state’s pension funds
because the companies have prioritized their own political agenda over
maximizing financial returns for retirees. Would you approve or disapprove of
your state taking this action?

78%
71% 73% 74%
68% 69%
66%
27%

44% 16% 13%

8% 17%17% 19% 17%
16% 15% 15% 14%
11% 13%
8% 10% 8%
Approve Disapprove Unsure / Refused
Strongly Approve Somewhat Approve
Strongly Disapprove Somewhat Disapprove REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 14

Corporate elites are trying to force states to follow a political agenda that will
damage the state’s economy and increase gas prices and electric bills… Do you
agree or disagree that your state should stand up against politicizing pension
funds and defend the financial interests of the state and their citizens?

82%
76%
72% 73%
68% 70%
66%

24%

48%
15%
12% 15% 15% 16%16% 16%14% 17%17%
12% 13%
9%
8%
6% 5%

Agree Disagree Unsure / Refused

Strongly Agree Somewhat Agree Strongly Disagree Somewhat Disagree REP (30%) IND (34%) DEM (36%) CONS (35%) MOD (34%) LIB (29%)

Conducted for 85 Fund 15