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SEC Rules JPMorgan Chase Must Allow Shareholders to Consider Viewpoint Diversity Proposal
April 07, 2023
The U.S. Securities and Exchange Commission has ruled against JPMorgan Chase’s attempt to exclude a shareholder resolution on viewpoint diversity from its ballot for its annual shareholder meeting giving Chase shareholders the opportunity to vote on equal treatment of customers regardless of their religious and political beliefs.
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Simpson: Sustainable Development and How it led to ESG and Social Credit Scores
April 03, 2023
James Simpson writing for Capital Research Center follows the The “sustainability” concept from it’s creation in 2006 with the UN publication “Principles for Responsible Investing” (PRI) to today where numerous organizations now pursue the UN’s notion of sustainability including powerful groups such as the WEF, BlackRock, and thousands of smaller ones who control $60 trillion in assets, changing the landscape of the world economy.
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Twenty-One Attorneys General Warn Companies Pushing ESG
April 03, 2023
Following President Joe Biden’s veto of a congressional effort to counter environmental, social, and governance factors (ESG) when making decisions on behalf of retirees, a group of 21 Republican attorneys general is sending a warning to investment companies pushing the ESG agenda that their actions are in conflict with existing law.
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ESG Had Large Roll in the Downfall of the Silicon Valley Bank
March 28, 2023
Woke initiatives had a much larger impact on the demise of Silicon Valley Bank than originally thought, having spent millions of shareholder and apparently, depositors, money on various politically motivated projects including decarbonization and equity-based discrimination.
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Biden Blocks Anti-ESG Measure with First Veto of His Presidency
March 21, 2023
U.S. President Joe Biden, in the first veto of his presidency, rejected a Republican proposal to prevent pension fund managers from basing investment decisions on environmental, social and governance factors like climate change.
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