The Texas legislature has subpoenaed investment firm BlackRock, together with its subsidiaries and affiliate entities in the state, for documents related to the institution’s promotion of environmental, social, and governance (ESG) policies. The subpoena was issued by the Texas Senate Committee on State Affairs last month and asks the sergeant-at-arms for the committee or any…
Texas Issues Subpoena to BlackRock for Pushing ESG Agenda
What’s Fueling the Rise of ESG Investing?
News Analysis Environmental, social, and corporate governance (ESG) investing has not only become a popular investment trend but also a new front in the culture wars. Market predictions show that global ESG-mandated assets will reach $55 trillion in 2022 and close to $100 trillion in 2025. But has the recent spike in ESG investing driven…
ESG: The Merger of State and Corporate Power
News Analysis In 2022, in the midst of a recession, record inflation, and a tumbling stock market, a corporate ideology known by the acronym ESG emerged from obscurity to become a headline topic. It has been called everything from a risk-management tool and a movement for a cleaner, more just world, to a “con,” a…
States Fight Multi-Front Battle Against Government, Banks, Big Tech
News Analysis 2022 has been a year of defiance from red states as they attempt to fight back against what they see as an illicit alliance of the Biden administration, Wall Street, and Big Tech to impose a left-wing agenda on America. The conflict appears to be heating up with each passing month. In October,…
GOP Senators Warning Law Firms Against Their Clients Creating Climate Cartel ESG Deals
Sen. Marsha Blackburn (R-Tenn.) and Sen. Tom Cotton (R-Ark.) are telling 51 of the nation’s top law firms they should warn their clients to “lawyer up” if they enter Environment, Social and Governance (ESG) agreements that create “climate cartels.” In a blunt Nov. 3 letter to the firms that was made public on Nov. 9,…
GOP Senators Warn Law Firms Against Their Clients Creating Climate Cartel ESG Deals
Sen. Marsha Blackburn (R-Tenn.) and Sen. Tom Cotton (R-Ark.) are telling 51 of the nation’s top law firms they should warn their clients to “lawyer up” if they enter environment, social and governance (ESG) agreements that create “climate cartels.” In a blunt Nov. 3 letter to the firms that was made public on Nov. 9,…
Is Following ESG Criteria Breaking the Law?
Analysis One problem for CEOs who direct their companies to follow the goals of environmental, social, and governance (ESG) criteria is that in doing so, they may be breaking the law. According to legal experts, ESG initiatives can cause companies to break antitrust, civil rights, and Employee Retirement Income Security Agency (ERISA) laws. “The way…
CEOs Cutting Back or Pausing Their ESG Efforts: KPMG study
Despite U.S. companies championing their environmental, social, and governance (ESG) investments and results, many others are planning to suspend or reconsider their ESG efforts in the coming months over growing recession fears, according to a new report. In August, KPMG published an in-depth report titled “2022 U.S. CEO Outlook.” It assessed a wide variety of…
Christians and ESG: What You Need to Know | Church & State
In this episode, host Lucas Miles addresses the Left’s newest obsession—ESG (environmental, social, governance)—exposing how this new woke scoring system could affect the future of business in America, along with the potential ramifications for the Church. – BUY Jan 6 DVD: https://www.epochtv.shop/product-page/dvd-the-real-story-of-january-6, Promo Code “Lucas” for 20% off. Follow Lucas on Twitter: https://twitter.com/lucasmiles * Click…
[PREMIERING at 8 PM ET] Christians and ESG: What You Need to Know | Church & State
In this episode, host Lucas Miles addresses the Left’s newest obsession—ESG (environmental, social, governance)—exposing how this new woke scoring system could affect the future of business in America, along with the potential ramifications for the Church. – BUY Jan 6 DVD: https://www.epochtv.shop/product-page/dvd-the-real-story-of-january-6, Promo Code “Lucas” for 20% off. Follow Lucas on Twitter: https://twitter.com/lucasmiles * Click…
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