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ESG scores similar to China's social credit system, designed to transform society, think tank director says
Fox Business ^ | 5/18/22 | Teny Sahakian

Posted on 05/18/2022 7:57:38 PM PDT by markomalley

Major financial institutions and global organizations are using a corporate scoring system to create a type of social credit system designed to influence behavior and transform society, according to a director at a conservative think tank.

Environmental, social and governance, or ESG, scores effectively grade social responsibility for entities ranging from corporations to governments. Factors like reliance on renewable energy sources or the strength of diversity policies can influence ESG scores.

"The point of it is to transform all of society, not just to transform what happens inside the walls of some big corporation," Justin Haskins, director of the Socialism Research Center and editorial director at the Heartland Institute told Fox News.

Haskins compared ESG scores to a social credit system being developed in China. The Chinese Communist Party announced a moral ranking system in 2014 that monitors individuals, government organizations and companies ranks them based on their social credit, according to the South China Morning Post.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS:
For those of you not familiar with ESG. this is a good primer.

Major investment houses make critical decisions on funding and institutional investment decisions, such as whether mutual funds will invest in or divest from a publicly traded company.

So if your 401k holds shares from a given fund, the fund manager probably looks at a company's ESG score to determine whether the fund will hold the stock. Under the Biden Regime, the government incorporates ESG in making its decisions on dealing with businesses as well.

The process of assigning "personal ESG scores" takes this process to the next level. Social media posts, individual stock holdings, and so on, will determine whether or not you can get a mortgage, a credit card, a car loan, and, potentially, a bank account. Think about what's happened to Mike Lindell.

That personal ESG score, when it comes online, is going to be done serious "mark of the beast" stuff.

1 posted on 05/18/2022 7:57:38 PM PDT by markomalley
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To: markomalley

Not only no, but HELL NO, to ESG, CRT, BDS, BLM, DNC, FBI and CIA!

These three letter names are tyrannies ruining the Republic.


2 posted on 05/18/2022 8:05:59 PM PDT by Alas Babylon! (Rush, we're missing your take on all of this!)
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To: Alas Babylon!

We’ll just have to KTF.


3 posted on 05/18/2022 8:16:25 PM PDT by Noumenon (Black American flag time. KTF)
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To: markomalley

These MFs see us as dogs who need to be trained.


4 posted on 05/18/2022 8:24:49 PM PDT by Flick Lives (The CDC. Brought to you by Pfizer)
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To: markomalley

All part of the great nasty reset.

Here’s more. Goodbye freedom. Goodbye sovereignty.

https://rumble.com/v156l7n-biden-set-to-sell-americas-sovereignty-to-globalists-at-who-on-may-22.html


5 posted on 05/18/2022 11:30:35 PM PDT by Boomer (Piss On A Commie For Mommy!)
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To: Boomer

I didn’t move here (Thailand) because of political reasons. I wasn’t one of those “if _____ is elected, I’ll leave the country” types.

But you have no idea how happy I am to not be there in the US with Creepy in office.


6 posted on 05/18/2022 11:44:28 PM PDT by markomalley (Directive 10-289 is in force)
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To: markomalley

If my ESG score is greater than -1000, I’m doing it wrong.


7 posted on 05/18/2022 11:52:10 PM PDT by Tolerance Sucks Rocks (Florida: America's new free zone.)
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To: markomalley

No worries. When I was in kindergarten I got an “A” in Citizenship.


8 posted on 05/19/2022 2:41:08 AM PDT by Fester Chugabrew ("Poets have been mysteriously silent on the subject of cheese." -G.K. Chesterton)
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To: markomalley

It has already started:

Elon Musk rips ‘phony social justice warriors’ as Tesla booted from S&P 500 ESG index
nypost.com ^ | May 18, 2022 | Theo Wayt
Posted on 5/18/2022, 2:45:45 PM by lowbridge

Elon Musk lashed out against “phony social

https://freerepublic.com/focus/f-news/4064336/posts


9 posted on 05/19/2022 2:52:59 AM PDT by EBH (Let God Sort Them Out. 1776-2021 May God Save Us.)
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To: Noumenon

Every day, FRiend, every day.

Without it, life’s not much worth living.


10 posted on 05/19/2022 6:48:23 AM PDT by Alas Babylon! (Rush, we're missing your take on all of this!)
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