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.
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.
DeSantis Forms Alliance with 18 Governors Against ESG Initiatives
March 18, 2023
Florida Governor Ron DeSantis has formed an alliance with 18 Republican governors to reject the environmental, social and corporate governance (ESG) agenda being pushed by President Joe Biden that especially affects American retirement funds through « woke » investments.
Global Developments in ESG Disclosures May Have a Significant Impact on U.S. Companies
March 15, 2023
Risk and financial advisor group Kroll reports that environmental, social and governance (ESG) regulatory initiatives from the European Union (EU), International Sustainability Standards Board (ISSB), and U.S. Securities and Exchange Commission (SEC) may have significant ramifications on U.S. companies.
« Woke » Programs Pushed as Silicon Valley Bank Collapsed
March 15, 2023
As Silicon Valley Bank was failing, bank leadership, including a head of risk management continued to invest in « woke » initiatives such as LGBTQ+ programs encompassing a “safe space” for coming-out stories.