Showing posts with label ESG. Show all posts
Showing posts with label ESG. Show all posts

Monday, October 7, 2024

House passes bills against ESG and Woke Policies of the Left

House Adopts Bills Against ESG Policies Amid GOP Focus on 'Woke' Trends

The House of Representatives, led by Republicans, has recently passed legislation aimed at dismantling Environmental, Social, and Governance (ESG) policies regarded by them as "woke" practices in business and educational institutions.

According to the Washington Examiner, the GOP's latest legislative spree draws a sharp line against ESG initiatives and "woke" policies across financial and educational sectors.

ESG, standing for Environmental, Social, and Governance, involves strategies that prioritize societal change and responsible investment, beyond mere profit. However, House Republicans assert that such policies compromise traditional financial returns. This standpoint has catalyzed a series of bills designed to stifle what they consider overreaches in socially conscious investing and academics.

Read the details...

In conclusion, the House has passed several bills with direct implications for investors, educational institutions, and corporate disclosures, emphasizing a strong pushback against the infusion of ESG and "woke" ideologies in these areas. Whether these efforts will withstand Senate scrutiny and broader public debate remains a significant question as electoral timelines draw near.

Wednesday, December 14, 2022

The ESG Agenda

Across the country, the radical Left-wing Environmental, Social, and Governance (ESG) agenda is taking over

Have you heard of ESG?
  • This radical agenda represents…
  • Racial quotas in the workplace
  • Cancel culture for “wrongthink”
  • Corporate donations for abortion
  • Pushing the trans issue onto children
  • Critical Race Theory
  • Corporate welfare
  • Anti-oil, “green new deal” mandates
  • A Social Credit Score

… all in one MASSIVE package. It’s being pushed by “woke” corporations and Left-leaning financial institutions that fund them.

But don’t just take it from us. Tesla and new Twitter CEO Elon Musk went as far as calling ESG “the devil."

This shows what ESG scores are really about—punishing political enemies for the Left!

Even though Elon Musk has a “green” auto company, a major ESG “ratings” organization gave Tesla a low score. Leftist institutions can subjectively fudge the numbers and use the ESG score to punish anyone they want!

Friday, December 2, 2022

Florida divests from Woke

Fla. Pulls $2B From BlackRock Over Firm's Environmental, Social Policies

Patronis accused BlackRock of focusing on ESG (support and invest in companies more proactively managing environmental, social, and corporate governance related issues, also known as ESG) rather than higher returns for investors.

"Florida's Treasury Division is divesting from BlackRock because they have openly stated they've got other goals than producing returns," Patronis said in the statement provided by his office.

The move will hardly dent BlackRock's $8 trillion in assets and drew a strong response from the company, which said the action put politics over investor interests.

Nonetheless it underscores how a backlash against ESG investing is gathering steam among Republican leaders in Florida, and elsewhere, who criticize corporations for focusing on matters like climate change or workforce diversity.

Read about it...