UN-ESG

Companies Risk Falling on Social Credit Scores for not Following Woke Agenda

April 19, 2023

Executives at companies like Nike and Kate Spade are being forced to invest in the woke agenda or risk failing in their social credit score produced by Corporate Equality Index or CEI, which is overseen by the Human Rights Campaign.
Tice: The Lehman moment for the ESG movement

April 10, 2023

Paul Tice writing in the Washington Examiner compares the recent bank failures and their links to the Environmental, Social and Governance (ESG) to the bankruptcy of Lehman Brothers in 2008 brought on by its president and COO, Joe Gregory, spending most of his time promoting diversity and inclusion, suggesting that the ESG agenda is on its way out.
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.
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.
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.
U.S. Congress Votes to Block Biden ESG Initiative

March 08, 2023

A resolution to overturn the Labor Department rule that enables fund managers to consider environmental, social and corporate governance (ESG) issues for investments and shareholder rights decisions passed both houses of Congress and will be sent to President Biden, who is expected to veto the measure.