Over a dozen Republican attorneys general are warning a major U.S. bank against alleged practices of “de-banking” certain customers because of their religious or political views. In a letter obtained exclusively by Fox News Digital, Kansas Attorney General Kris Kobach, along with 14 of his Republican colleagues told Bank of America CEO Brian […]
The Great Reset / ESG
133 posts
Global government is the endgame. We know that. Total control of every aspect of life for every single person on the planet, that’s the goal. That’s been apparent to anyone paying attention for years, if not decades, and any tiny portion of remaining doubt was removed when Covid was rolled-out […]
(Republished from theburningplatform.com). “At the point where the illusion becomes too expensive to maintain they will just take down the scenery, they will pull back the curtains, they will move all the tables and chairs out of the way, and you will see the brick wall at the back […]
Major corporations are pushing to implement DEI (“diversity, equity and inclusion”) policies, and familiarity breeds contempt. The latest Rasmussen Reports national telephone and online survey finds that just 25% of American Adults think diversity, equity, and inclusion programs make companies better. (To see survey question wording, click here.) DEI policies seek to promote […]
The fight over woke ESG — environmental, social and governance — policies being used by massive asset managers to make investment decisions entered new territory on Wednesday, thanks to Mississippi Secretary of State Michael Watson. In a first-of-its-kind move, Watson and his office’s Securities Division issued a cease and desist […]
Despite a barrage of Republican attacks, lackluster returns and diminishing client interest in the US, BlackRock Inc. has been quietly expanding its dominance in ESG investing. The world’s largest asset manager has posted net ESG inflows every quarter for the past two years, a period that marks one of the […]
Your Highnesses, Your Excellencies, Dear colleagues and friends, Assalamu’alaikum warahmatullahi wabarakatuh. I thank Your Highnesses for your hospitality, for your steadfast support for the World Health Organization and global health, and for the opportunity to address you today. It’s a great pleasure to be back in Dubai. I was honoured […]
Moderator: If a Trump administration comes in, what kinds of people do you think might be the kinds of people that they would bring in? Roberts: The kind of person who will come into the next conservative administration is going to be governed by one principle: Destroying the grasp that political elites […]
MR FRIEDMAN: Klaus, thank you. And Mr. Secretary, it’s great to be with you here this morning. I want to begin with a real black-and-white contrast in the morning news, reading the papers. One – on one side you read about the power these days, Mr. Secretary, of the – […]
MR. SULLIVAN: Thank you so much, Børge. And I’m grateful for the opportunity to say a few words today at this incredibly complex moment. I think everyone who serves in positions of responsibility in foreign policy and national security likes to say that their time in the seat is the […]
Chairman Klaus Schwab: Ladies and gentlemen, it’s both a pleasure and a privilege to introduce a distinguished leader and visionary in the realm of international politics. President Ursula von der Leyen of the European Commission. President von der Leyen has been instrumental not only in steering Europe through very challenging times, […]
Greetings to you all. It gives me great pleasure to come to the beautiful Davos for the World Economic Forum Annual Meeting 2024. The theme of this meeting, “Rebuilding Trust,” echoes well with people’s concerns and will surely strike a chord with many. As I see it, the word “rebuild” […]
Today, we stand at a unique juncture in human history, facing challenges that are as diverse as they are profound. The special role of the World Economic Forum is not to look at just one single issue, instead, it is the place at the beginning of each year to analyse […]
Thank you for your warm welcome. It’s good to be back – and to see Davos highlighting the global crisis in trust. I believe this crisis is the direct result of a paradox facing our world. In the face of the serious, even existential threats posed by runaway climate chaos, […]
Good afternoon. Thank you very much. Today I’m here to tell you that the Western world is in danger. And it is in danger because those who are supposed to have to defend the values of the West are co-opted by a vision of the world that inexorably leads to […]
The Bill and Melinda Gates Foundation, which has a history of providing financial support to left-wing groups, announced on Monday that it would spend billions of dollars in 2024. The Gates Foundation’s board of trustees has approved a record $8.6 billion budget for 2024, up from $8.3 billion in 2023 […]
Argentina’s President Javier Milei was en route by commercial jet to the World Economic Forum in Davos in Switzerland on Tuesday, taking selfies with passengers on board and criticizing what he called the event’s “socialist agenda.” The trip marks the right-wing Milei’s first overseas tour since he took office last […]
Donald Trump is thousands of miles away from the Alpine Swiss town of Davos but talk of his possible return to the White House is on everyone’s lips even before the annual shindig of the global elite has kicked off. On Monday, in the subzero temperatures of Iowa, he’s set […]
In its infancy, Davos was a rather dry affair, the preserve of boring company men and tweed-jacket economists who met to discuss management techniques and “stakeholder capitalism.” The original organizers in the 1970s gave it the instantly repellent title the European Management Forum. You might have been sent there if […]
“The board is set; the pieces are moving. We come to it at last.” My husband and I re-watched Lord of the Rings over the holidays and that line stuck with me. The board has been set without us knowing, and when the pieces move, we will lose. A 2016 […]
Over the past decade, many of the largest corporations in the United States have adopted overtly political causes, including positions on controversial social issues. In most cases, these corporate policies have favored left-wing ideological positions. For example, in 2021 , massive companies such as American Airlines, Dell, and AT&T openly […]
Environmental, social, and governance (ESG) metrics are a popular kind of social credit scoring, one that poses a significant threat to individual liberty and free-market economies, both in America and abroad.[1] ESG is regularly used by corporations and investors as a tool to impose values and environmental policies on other […]
Bloomberg News recently published an article that has been met with criticism for its representation of the Black Lives Matter (BLM) movement and its influence on corporate America. The article, titled “Corporate America Promised to Hire a Lot More People of Color. It Actually Did,” linked the 2020 BLM protests […]
Republican attorneys general are criticizing the U.S. Treasury Department’s recent implementation of “Principles for Net-Zero Financing & Investment,” labeling it as part of the green agenda and a potential legal concern. The attorneys general are probing net-zero alliances in key economic sectors like asset management, banking, insurance, and financial services […]
A recent study by Bloomberg revealed a striking statistic: 94 percent of new corporate jobs are being filled by non-white employees. This trend emerged following the death of George Floyd in 2021. As quoted by Bloomberg, “After Floyd’s murder, companies adopted several practices to help hire and retain underrepresented workers, […]
Salesforce is planning to enhance its Net Zero Cloud environmental, social, and governance (ESG) reporting tool by integrating generative AI capabilities from its Einstein AI system. The aim is to automate some aspects of preparing ESG reports, a field drawing increasing interest from investors and regulators. The new features are […]
Morningstar’s ESG analytics group, Sustainalytics, has announced that it will lay off up to 12 percent of its workforce next week. This decision was disclosed during a recent town hall meeting, where the company revealed that between 150 and 180 employees would be let go. However, the specific departments or […]
Numerous prominent corporations have taken big hits to their bottom lines and stock prices this year in the wake of political controversies they have brought on themselves with woke and sexual agendas. Leftists used to mock censorship complaints by saying, “Build your own Twitter if you don’t like it!” They […]
Blue-chip U.S. companies increasingly rely on environmental, social, and governance (ESG) metrics to determine top executives’ bonuses, raising concerns among investors about manipulation to maximize payouts. Approximately 3/4 of S&P 500 companies have revealed that environmental, social and governance metrics contributed to executive compensation, a rise from two-thirds in 2021, […]
BlackRock, the world’s largest asset manager, is facing heavy criticism from leftist organizations over its recent rejection of numerous environmental, social, and governance (ESG) shareholder proposals. After attracting criticism from conservative figures for supporting the ESG agenda, it is now being attacked by Democratic officials who are alarmed at its […]
Republican presidential candidate Vivek Ramaswamy has publicly criticized major investment firms as part of his campaign against the environmental, social, and governance (ESG) framework. Ramaswamy specifically referred to BlackRock, State Street, and Vanguard, commonly known as the “Big Three,” stating they represent “arguably the most powerful cartel in human history.” […]
Entrepreneur, biotech mogul, and presidential candidate Vivek Ramaswamy has made headlines with his remarks about President Joe Biden during a recent event in Atlanta, in which Ramaswamy asserted that Biden isn’t “really the person running the country.” Elaborating further, Ramaswamy emphasized that the “cancer that lies beneath [Biden]” is the […]
A recent survey conducted by The Harris Poll and the University of Pittsburgh’s Center for Sustainable Business reveals a substantial disparity between the lip service corporate directors give to ESG during board meetings and firms’ actual strides taken to achieve ESG objectives. The survey found that: 43 percent of employees […]
BlackRock Inc., MSCI Inc., and other major firms anticipate heightened scrutiny as congressional investigations delve into investments in Chinese companies considered national security threats, especially after a recent Biden administration executive order prohibiting certain investments in China. Over $294 billion from more than 2,000 US mutual and exchange-traded funds are […]
S&P Global Inc., a leading global credit ratings provider, has taken a noteworthy step by announcing it will no longer include ESG (environmental, social, and governance) scores alongside its credit ratings. This significant change, announced on August 4, 2023, comes as a direct response to investor feedback, with many expressing […]
Allianz, a prominent German insurance company, recently withdrew from the Net-Zero Insurance Alliance (NZIA), one of the top global industry consortiums focused upon achieving net zero carbon dioxide emissions goals by 2050. Allianz Chief Financial Officer Giulio Terzariol expressed concerns over legal implications, emphasizing the responsibility to its shareholders. “We […]
According to a recent Bloomberg client poll, the vast majority of Wall Street brokers and other market insiders are highly skeptical of environmental, social, and governance (ESG) initiatives, believing ESG funds will continue to underperform and do not have the ability to sustain profits. Eighty-seven percent of 116 Bloomberg terminal […]
The financial industry is taking a step further in evaluating customers’ worthiness for banking facilities, as they begin to scrutinize social media accounts based on environmental, social, and governance (ESG) screening criteria, warns former Brexit Party leader Nigel Farage. Farage, who has been vocal against what he calls “woke capitalism,” […]
In June, A.T. Kearney, Inc. — a global management consulting firm — announced a partnership with Al Gore’s nonprofit, Climate TRACE. Along with its various management consulting services, A.T. Kearney boasts about its role in helping organizations “establish and implement decarbonization strategies.” This new partnership, according to A.T. Kearney, will […]
Rep. Jim Himes (D-CT) likened the Republican party’s attempts to challenge corporate America’s environmental, social and governance (ESG) initiatives to a “Taliban-like attack on the private sector,” in an interview with Politico. His commentary comes amid a growing partisan divide over the role of ESG principles in corporate decision-making and […]
I’ve been watching and listening to Glenn Beck, a radio hall-of-famer, renowned author, and the founder of the Blaze Media, for many years. I’m sure he’ll be unhappy to hear me say this, but when I first started watching him, I was still in high school. (Sorry, to make you […]
A recent survey conducted by WTW and the Nasdaq Center for Board Excellence ostensibly shows that a strong majority of board members believe that a coherent environmental, social, and governance (ESG) strategy fosters sustainable organizational value and improves financial outcomes. However, the survey’s legitimacy is under scrutiny due to its […]
The environmental, social, and governance (ESG) investing model is currently facing significant challenges, as outlined in a comprehensive report by the Republican congressional ESG Working Group, many members of which have dubbed July “ESG month.” With nebulous objectives, politicized portfolios, and underwhelming returns, ESG investing has garnered criticism, leading even […]
The recent surge in corporate commitments to environmental, social, and governance (ESG) principles is leading to increased pressure on the personnel involved with corporate social impact (CSI), with potentially serious implications for employee wellbeing. According to a recent survey by the Association of Corporate Citizenship Professionals and YourCause from Blackbaud, […]
BlackRock Inc., the world’s largest asset manager with $9 trillion in assets under management, declared plans to extend its Voting Choice program to retail investors in the iShares Core S&P 500 ETF (IVV), its biggest ETF, worth $305 billion. The initiative originally targeted institutional investors and was operational from 2022, […]
The rise of roles within the Diversity, Equity, and Inclusion (DEI) and Environmental, Social, and Governance (ESG) industries have offered numerous job opportunities to recent graduates, which helps buttress President Biden’s already nebulous claims of job growth under his economic policies. These positions, such as sustainability coordinators, DEI officers, and […]
U.S. House Judiciary Chairman Jim Jordan (R-OH), together with Republican North Carolina Rep. Dan Bishop and Republican Kentucky Rep. Thomas Massie, has issued letters to major international entities including the Glasgow Financial Alliance for Net-Zero (GFANZ) and asset management titans such as BlackRock, State Street, and Vanguard regarding their actions […]
Environmental, social, and governance (ESG) scoring systems have rapidly become one of the more polarizing issues in the United States. Over the past half-decade, the economies of most sovereign states—especially those in the Anglosphere—have been rapidly transformed, with wealth, power, and influence becoming increasingly concentrated in the hands of a […]