ESG cabal is doing this with other people’s money. They are redirecting insurance premiums, government and corporate employee pension funds, and other investments – tens of trillions of dollars that rightfully belong to hardworking Americans – to achieve purposes they want, with next to no input, vote, or agreement by the clients they serve.
In effect, they are violating their fiduciary obligation: to serve their clients and secure maximum returns on their behalf. Instead, they are using investors’ money to advance politicized agendas. They are all but colluding behind closed doors, with each other and with activist groups and government agencies, in violation of antitrust laws and longstanding ethical principles.
Many companies have recently grown cautious, moderated their positions, stopped extolling their ESG activism, or left ESG alliances altogether.
The outlook for the near future isn't likely to get any better for those pushing the ESG agenda.
They say actions to push ESG constitute collusion, consumer fraud, stifling competition, violating federal and state antitrust laws, misleading investors, and attempting to usurp policymaking and legislating roles that properly belong to citizens, lawmakers, and courts.
Banks and investment firms playing the ESG game should take notice.
The American people are showing they will not stomach the woke agenda these wealthy, powerful, unelected ESG promoters are imposing on them.
Bud Light climate crisis environmental social governance ESG ESG corporations shareholders Target.
https://issuesinsights.com/2023/06/30/are-we-finally-heading-toward-esg-sanity/
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