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Posted on 08/23/2024 12:47:05 PM PDT by MtnClimber
A new report from The Wall Street Journal reveals that “ESG” didn’t evaporate—it merely shifted into the shadows.
As it turns out, the communist plot of the corporate globalists to bankrupt the West and enslave the world wasn’t a big hit with the people, so the executives promoting the scheme have given it up… but only in public. While it might seem like the brass of companies like Vanguard and BlackRock (operating as de facto and unelected politicians) bowed to the pressure and dissolved the notion of a corporate credit score and its associated policies, they simply adjusted fire, and are now operating from behind the corporate curtain.
That’s according to a new report by H. Claire Brown, published at The Wall Street Journal on Monday, excerpted below:
Companies are talking less about sustainability in earnings calls and marketing materials, but they are mentioning it nearly as frequently as ever in their financial reports and disclosures.
…
Companies’ financial disclosures are mentioning sustainability almost as much as ever, with the trend line showing a steep climb between 2019 and 2021 before flattening out.
…
‘We haven’t seen any real diminution in the amount of quality of reporting on sustainability,’ said Julie Gorte, senior vice president for sustainable investing at Impax Asset Management. ‘What you don’t see is the companies coming out and having a big marketing splash about it.’
Per Brown, “roughly 97%” of the “ESG” and “sustainability” references came from the financial statements and disclosures, while a “handful” (presumably 3%) of the mentions could be found in “corporate announcements and board meeting transcripts.”
So what’s with the secrecy? As Gorte acknowledges, “Everyone wants to keep their head below the lip of the fox hole politically and not be a target[.]”...
(Excerpt) Read more at americanthinker.com ...
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They are in the “woke cult”, but they don’t know they are in a cult. They found out they may not be so popular so they have gone quiet to regroup.
They can run but they can’t hide.
In the age of the Internet a bright light will be shined into their darkest corners.
I can’t keep up with the acronyms anymore...
What is ESG?
Not every company preaches “sustainability.”
Therefore, those that don’t preach it are not sustainable.
Therefore, shouldn’t there be huge numbers of bankruptcies, firesafe acquisitions, and massive layoffs by those corporations that are not “sustainable”?
The corporate corpses must be stacked up like COVID victims.
In my company they’re still full on at it internally, baking the DIE stuff into the business practices still, though it IS noticeably softer/general tones.
Eternally they only talk about it in economic terms.
ESG = corporation scoring system on “Environmental, Social, Governance”, all in the woke sense of the words.
“forging ahead in a quieter way”
They’re hiding it because they know people don’t like it.
ESG = corporation scoring system on “Environmental, Social, Governance”.
Social is the Social Justice stuff, both internally and contributions to external groups. Speaking out in support of SJW politics.
Governance is internal quotas for identity politics, as well as insistence that external vendors comply with the ESG and DIE stuff. Includes reporting to the HRC (Alphabet compliance).
Companies hire based on racial quotas, pay bonuses based on racial quotas and factor racial quotas and ESG metrics when having reduction in force. It’s got to stop.
We all need to understand that the Red parts of our country are colonies of the Blue Cities.
Take a look of where your banking, cable, phone, and insurance payments are going. It’s all flowing to the Blue Cities.
We produce value, they extract it, and use our own money to try and impose their values.
So now they are going to systematically mislead investors. I am not usually a fan of the breed, but I hope some vicious, junkyard dog lawyers are gathering information to build their cases now.
Extremely Socialist Guidelines
Exactly—and we need whistleblowers—especially folks near to retirement—to hit these slimy corporations hard—with mega lawsuits and/or heavy negative publicity in the alternative media.
Make printouts of documents and take them home.
You can decide what to do with them later.
Forging ahead are the key words..........................
Education and wariness are the only tools to fight such people if thet do this.
Really corrupt people who tried overt communism as a means to enrich themselves. They should be shut out from any decision making of anything important.
ESG? Extra Sticky Glue?
ESG is big time WEF
No way in he11 is it going away.
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