ESG was supposed to be the future of smart investing, but the future looks increasingly politically incorrect, according to a new Axios report on the “exodus” of money from “sustainable investment funds.” To put it bluntly, ESG was meant to be a money bludgeon for beating corporations into toeing […]
The state of West Virginia is hitting woke banks where it hurts, banning their state contracts over climate alarmist, anti-oil policies. West Virginia State Treasurer Riley Moore has added Citibank, TD Bank, Northern Trust, and HSBC Holdings to the list of banks that can no longer have state contracts, according to the Washington Examiner […]
An executive subpoenaed in the House’s investigation of companies involved in so-called ESG policies claims conservative legal activist Leonard Leo is behind a “crusade” to stop the corporate practice. ESG is an acronym for environmental, social, and governance practices that promote left-leaning activism among companies and corporations. The House Judiciary Committee is investigating numerous companies […]
A letter from 21 state financial officials is urging the Securities and Exchange Commission to postpone a rule creating a new type of company designed for climate activists. The state financial officers asked SEC Chairman Gary Gensler to extend the comment period from what they considered an unusually short 21 days to 60 days. If […]
The environmental, social, and governance movement is attempting an “end run around democracy” by forcing companies to adopt climate policies without passing any legislation, warns Tennessee Attorney General Jonathan Skrmetti. While ESG “is not entirely bad as a concept,” Skrmetti, a Republican, warns that a “sort of hardcore behind-the-scenes approach to ESG” involves inserting “really […]
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