I am not sure of the accuracy of a news report that describes Vanguard as a hedge fund.
At least someone’s fighting back.
ESG stands for environmental, social and governance.
Corporate America pretends it's not racist. In fact, Corporate America is constantly bragging that it's relentlessly fighting supposed "institutional racism" and supposed "structural racism" at every turn by intensely pushing its DEI agenda and brain-washing all new employees with mindless DEI platitudes. So basically, Corporate America is saying: "Corporate America is extremely, institutionally and structurally racist, and we are extremely against our institutional and stuctural racism." (That's exactly how all Corporate America clueless CEOs think.) For those who still don't know, DEI stands for Diversity, Equity, and Inclusion.
It's clearly true that Corporate America continues enthusiastically promoting racism in its everyday activities. How so? Here's just one of many examples: Every major U.S. corporation has a Vice President of DEI. That executive position could alternatively be called VP for Diversity. And in every single case, at every corporation, the VP for DEI is black. The two required criteria for any Vice President of DEI position is: (1) a college degree (preferably in critical race theory or gender studies); and (2) being black. Comically, Corporate America believes nobody other than a black person can possibly comprehend and enforce DEI. Just as comically, Corporate America also thinks DEI is not ridiculously asinine (which it is). Yet all companies in America still laughably claim they're not racist. So, if you can find even just one non-black Vice President of DEI at any corporation in the United States, you win the Freeper Prize. Good luck because you'll need it ...