And yes I know it is The Atlantic.
The American Conservative Values ETF (ACVF) is based on the conviction that politically active companies negatively impact their shareholder returns, as well as support issues and causes that conflict with conservative political ideals, beliefs and values.
Trump gushed over Disney.
https://www.theatlantic.com/ideas/archive/2024/01/republicans-woke-capital-esg-investment/677294/
But the ESG front in the right’s war on woke capital is still active. Republican legislators in New Hampshire are now trying to raise the stakes. Earlier this month, they proposed a bill that would order any government agency investing state funds to ensure that no public money goes to investors who manage their funds “with any regard whatsoever based on environmental, social, and governance (ESG) criteria.” More striking, the bill would make it a felony to knowingly violate this order. (The wording of the bill does not attempt to define ESG, aside from using this catchphrase language.) In other words, the bill would effectively criminalize any ESG investments on the state’s behalf.
The occasional reminder that it remains irredeemable is useful. It keeps the rest of us from wasting time looking for some intellectual content.
Remember that if the left is saying it’s backfiring, it isn’t.
Bernie wan’t wrong about the BiLlonare class, although his saloutionwas worse.
considerations into account.
No, no, James...they demand that those “considerations” are primary and failure to adhere to them results in destroying the “offenders”.
Dissembling leftist ahole...
Sports Illustrated, Dick’s Sporting Goods, and many others, as well.
Perhaps we should wait for a comment from Bud Light….
ESG is just as politically corrupted as anything else.
-PJ
An idiot urinalist who most likely favors a plethora of policies that negatively impact the profitability of corporations is claiming that conservatives are losing money by not investing with Blackrock and their ilk. The hypocrisy is stratospheric!
The Atlantic’s ad revenues are hurting. Can’t wait to hear of the layoffs and bankruptcy!
Increase ESG scores by donating to ActBlue and give appropriate kickbacks to Dem politicians.
Blackrock , which got rich using a financial program that accurately predicted toxic investments went woke and changed the game to support scams like climate change and Diversity Inclusion Equity (DIE). Larry Fink is the man behind this. It figures that a Communist FINK would change the rules mid game.
So where is the backfire?
The Atlantic cannot keep their stories straight:
https://www.theatlantic.com/ideas/archive/2024/01/media-layoffs-la-times/677285/
You can’t get more woke than the croaking mass media.
Sports, music, corporate leadership: I don’t care about your politics, your gender(s), pronouns, religion (or lack thereof), or anything other than PERFORMANCE.
If DEI initiatives increase profitability you won’t be able to stop them.