Tag: ESG

Communist China’s Social Credit System Is Being Copied Everywhere

Commentary Chinese leader Xi Jinping is hell-bent on achieving a modern version of the surveillance state portrayed in George Orwell’s masterpiece “1984” that enables state control over business enterprises, the media, other institutions, and individuals through round-the-clock monitoring of the activities of Chinese citizens. The main component of Xi’s evolving surveillance state involves the evolutionary…


As BlackRock Becomes BlueRock, a RedRock Is Coming

Commentary As with everything else in this country, investment is polarizing, red vs. blue. Just on Dec. 1, the red state of Florida announced that it was divesting itself from BlackRock, the multi-trillion-dollar Manhattan-based money trust that has gone woke. In the words of Florida’s Chief Financial Officer, Jimmy Patronis, “BlackRock CEO Larry Fink is on…


House Republicans Warn ESG Policies May Violate Antitrust Laws, Demand Documents from Investor Group

Six Republicans on the House Judiciary Committee have launched an investigation looking into whether major climate groups are violating federal antitrust laws in their effort to push the “environmental, social, and governance” (ESG) agenda. Their concerns were raised in a letter dated Dec. 6 to two executives on the Steering Committee for investor group Climate…


North Carolina Treasurer Wants BlackRock CEO Larry Fink to ‘Resign or Be Removed’

You might call it the “battle of BlackRock.” The conflict, which pits Republican officials in states across the country against the world’s largest asset manager, has only intensified in recent months. Just days ago, Florida became the latest state to pull money from BlackRock—in its case, $2 billion in state-controlled assets. The state’s chief financial…


Vanguard Drops Out of Climate Initiative as Reaction Against Woke ‘ESG’ Investing Continues

Investment firm Vanguard Inc. has announced that it’s pulling out from a major climate initiative as the company faces increasing pressure for its policy of using environmental, social, and governance (ESG) factors while investing in securities. In 2021, Vanguard joined the Net Zero Asset Managers initiative (NZAM), which aims to push the asset management industry…


ESG a Key Risk Issue in Disputes Related to Mergers and Acquisitions: Survey

Environmental, social, and governance (ESG) factors are playing a “more significant role” when it comes to mergers and acquisitions (M&A) disputes, according to a recent study by Berkeley Research Group (BKG) which surveyed a group of M&A lawyers and corporate finance professionals. From the perspective of M&A lawyers, 6 percent believed that a lack of…


The 401(k) Heist

Commentary President Joe Biden’s going after 401(k) retirement accounts, risking millions of workers’ comfortable retirements. If you put money into a 401(k), beware. Until now, the law always required fund managers entrusted with your savings to invest the money where it’s expected to get the top return for you. Period. But on Nov. 22, Biden’s…


ESG Jeopardizes Economic Security and Must Be Stopped

Commentary The environmental, social, and governance (ESG) investing phenomenon is undercutting the core purpose of financial institutions, jeopardizing the economic security of investors, politicizing our capital markets and private enterprises, and threatening the stability of our energy supply. Simply put, financial firms and institutional investors should be solely focused on delivering maximum financial returns to…


Corporate America: The New Coliseum of Christian Persecution | Church & State

On this episode of Church & State, pastor Lucas Miles discusses Christian persecution during the Roman Empire and draws parallels of how corporate America and the woke mob are operating as the new coliseum of Christian persecution in the United States, followed by stories of those who have been thrown to the lions in this…


[Premiering at 8 PM ET] Corporate America: The New Coliseum of Christian Persecution | Church & State

On this episode of Church & State, pastor Lucas Miles discusses Christian persecution during the Roman Empire and draws parallels of how corporate America and the woke mob are operating as the new coliseum of Christian persecution in the United States, followed by stories of those who have been thrown to the lions in this…