Commentary This is the second installment of a three-part commentary on ESG investing. The first installment, “The USA Should Clarify the ‘E’ in ‘ESG’ and Use Carbon Standards to Our Advantage,” was published on May 25. SOURCE: “Through the Looking Glass” by Lewis Carroll. (Wikimedia Commons, public domain.) After that statement in the illustration, Lewis Carroll…
The ‘Social’ in ‘ESG’ Investing Means Whatever Issuers Want It to Mean
August 5, 2022
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LIVE NOW: Missouri AG Investigates Morningstar Over ESG Ratings; Mortgage Rates Drop Below 5% | NTD Business
Good news for homebuyers: Mortgage rates are dropping below 5 percent for the first time since April. Walmart is laying off corporate employees after slashing its profit outlook just last week. One state is investigating ESG ratings for the first time ever. Missouri’s attorney general believes financial services firm Morningstar may have violated state law. The…
Missouri AG Investigates Morningstar Over ESG Ratings; Mortgage Rates Drop Below 5% | NTD Business
Good news for homebuyers: Mortgage rates are dropping below 5 percent for the first time since April. Walmart is laying off corporate employees after slashing its profit outlook just last week. One state is investigating ESG ratings for the first time ever. Missouri’s attorney general believes financial services firm Morningstar may have violated state law. The…
The Insidious Reach of ‘Greenies’ in US Municipalities
Commentary The Green New Deal (GND) has captured headlines in the United States for years, what with luminaries such as Al Gore, Alexandria Ocasio-Cortez (and the rest of The Squad), Hollywood supporters such as John Cusack and Mia Farrow, and virtually the entire Democrat Party publicly supporting its full implementation throughout the land. Lesser known…
US Pension Savings Are Funding Globalist Ambitions: Andy Puzder
August 3, 2022
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Andy Puzder is the former CEO of CKE Restaurants, the parent company of Hardee’s and Carls Jr. He’s now the chairman of 2nd Vote Advisers, an investment fund that rejects investment criteria that place ideological, social, or political goals ahead of its investors’ financial interests. Puzder co-authored the book titled “Job Creation: How It Really…
DeSantis to Take Action Against ESG
PUNTA GORDA, Fla.–Gov. Ron DeSantis on July 27 said he plans to take action against the environmental, social, and corporate governance (ESG) movement, calling it a threat to the American economy. “The leveraging of corporate power to impose an ideological agenda on society represents an alarming trend,” DeSantis said in a statement. “From Wall Street…
New Global ESG Standards Designed to Kill Small Businesses
Commentary The new global environmental, social and governance (ESG) accounting standard that is about to be implemented in Canada may well prove fatal to all but the biggest of businesses. According to Dr. Tammy Nemeth, the new carbon emission standards and policies are designed to strangle the hydrocarbon industry by “disqualifying it from financing, insurance…
James Lindsay: ESG Credit Scoring, a Financial Gun to Head of Corporate America
Even if you’re not yet familiar with the term ESG rating, it’s shaping your world. ESG, or environmental, social and governance, is a three-prong set of criteria used by the investment community to score how devoted companies are to pursuing ESG goals. High scores mean more investment dollars; low scores or being cut from an…
ESG Is a Globalist ‘Scam’ Meant to Usher In ‘One World Government’: James Lindsay
July 23, 2022
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James Lindsay, author of “Race Marxism” and other books challenging woke narratives, has taken environmental, social, and governance (ESG) scores into his crosshairs, calling ESG a weapon in the hands of “social justice warriors” to shake down corporations and a tool in the hands of those seeking to impose “one world government.” Lindsay told Epoch TV’s…
3 Reasons Chinese Companies Should Be Excluded From ESG
The exposure of environmental, social, and governance (ESG) investors to Russia has already proved something of an (expensive) embarrassment. In hindsight, ESG investors should have held Russia to the same standard as its companies, but it’s not too late to apply that lesson to other countries. While Russia had a modest allocation in emerging-market ESG…
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