Posted on 04/03/2021 4:34:46 AM PDT by AbolishCSEU
What Are Environmental, Social, and Governance (ESG) Criteria? Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Environmental criteria consider how a company performs as a steward of nature. Social criteria examine how it manages relationships with employees, suppliers, customers, and the communities where it operates. Governance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights.
(Excerpt) Read more at investopedia.com ...
Garbage.
Sadly it has been in the works for several years. The usurpation of the 2020 election has put this effort on steroids and has resulted in mad virtue signaling/cancel culture by major corps.
Every corporate document issued to investors or the media leads with buzzwords like ‘social resposibility’ and ‘sustainability’. Been that way for almost 10 years now which means the rot is deep.
yep. they’ve been planning this for decades
If Social Justice Warriors really believe what they say; then all these “SRI / ESG” companies should be the hottest stocks in the market flooded with conscientious Liberals Putting their money where their mouth is.
But alas these people can only boycott and burn; they never build anything.
Unfortunately they have the financial backing of the billionaire oligarchs such as Gates, Soros, Dorsey, Zuckerburg, Cook. The quality of products will eventually suffer, even to the point of being dangerous (i.e. recalled Chinese junk)
As much as I hate it one must invest in these corporate welfare queens to protect you assets. Biden is throwing trillions at these horrible companies while destroying ones he doesn’t like. Evil is everywhere.
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