ACP45 Loc: Rhode Island

ENVIRONMENTAL: includes things like transitioning from fossil fuels to wind and solar energy, and from gasoline-powered cars to electric vehicles.

SOCIAL: includes racial and gender equity, diversity training for employees, economic equity, and gun control.

GOVERNANCE: how companies are run and includes racial and gender quotas for corporate boards, management, and staff, and—in the case of Exxon—putting green energy advocates on the board.

The Origins of ESG Ideology

The ESG movement is a derivative of the United Nations Sustainable Development Goals (SDGs). There are 17 SDGs in all, ranging from “no poverty, zero hunger, and good health” to “responsible consumption and production” and “peaceful and inclusive societies for sustainable development.”

In 2019, the World Economic Forum (WEF), an annual gathering of the world’s most powerful political and corporate leaders in Davos, Switzerland, signed a strategic partnership with the U.N. to advance the SDGs throughout the corporate sector. Led by founder and chairman, Klaus Schwab, the WEF issued the “Davos Manifesto 2020: The Universal Purpose of a Company in the Fourth Industrial Revolution.”

In principle, ESG means that companies look beyond making profits and consider higher political and moral issues like the welfare of the planet; in practice, it means that corporations become political agents for left-wing causes. This concept is also called “stakeholder capitalism,” which has been endorsed by CEOs across the corporate world.

Stakeholder capitalism means that, instead of answering exclusively to shareholders, CEOs will focus on employees, the environment, and society at large.

In accordance with ESG principles, stakeholder-oriented banks like JPMorgan Chase refused to lend to oil drilling companies in Alaska. Delta Airlines, Coca Cola, and Major League Baseball fought against voter ID laws in Georgia that they claimed were racist.

The world’s largest food companies such as Nestle, Danone, Kellogg’s, General Mills, and Unilever encourage—and sometimes pressure—the hundreds of thousands of farmers who supply them to take up a U.N.-approved method of farming called “regenerative agriculture.”

As part of the U.N. and ESG goals to reduce shootings, banks like Citibank restricted lending to the firearms industry. Credit card companies Visa, Mastercard, and American Express began tracking purchases from gun shops.

BOTTOM LINE:
"What’s most striking about ESG is how, in joining corporations with government under a common cause, it has created a new power structure that often supersedes national laws and overrides the Constitution. Working in collaboration with government agencies, corporations have engaged in enforcement, censorship, and warrantless surveillance, often doing what the government is legally prohibited from doing."

https://www.theepochtimes.com/esg-the-merger-of-state-and-corporate-power_4858981.html?src_src=Morningbrief&src_cmp=mb-2022-11-14&est=DPyQbqEDrz%2Fea7uQiix4ZPLpMbvFaYo7eHPO9okoAFf5shxTDe%2FvoCqMsBLTwLjB

Milosia2 Loc: Cleveland Ohio

Sounds exactly like Fascism to me.
All dressed in a great sounding package.
When corporations take over government it’s called Fascism .
No good can come out of this . Especially if
CEOs are endorsing it.
This is a worldwide takeover Of all governments by Corporate.
Who will be in charge of protecting the people ?
No fda , no osha, no labor dept, no cdc,
No watchdog offices whatsoever to protect the workers from the greed of the corporations.
When everything’s a hindrance to corporate profit. Who loses and wins.???
Stakeholders will be the ones who hold the stakes before they drive them into your heart.

EmilyD

Wait a minute....you forgot Trump. What happened????

pegw

The Epic times, founded by Falun Gong, is a right wing organization. It was rated as a right wing by Allsides, Ad Fontes and Media bias. Allsides did a blind bias survey in order to rate this news source. Media bias found pseudoscience, conspiracy theories, and a good dose of propaganda on their site.
.

American Vet

Weak-minded ELWNJ response: Cannot refute the content so attacks the source.

EmilyD

You use left bias fact checkers to tell you what your opinion is. That's pathetic.

ACP45 Loc: Rhode Island

I think that this may be a first. You and I are in complete agreement on this issue.

ACP45 Loc: Rhode Island

Took the words right out of my mouth.

Bevvy

sounds like a religion to me

ACP45 Loc: Rhode Island

Agreed!

pegw

Your source is lying to you most of the time. So, this may not be true.

Milosia2 Loc: Cleveland Ohio

Cheers !

American Vet

You have yet to prove anything is a lie.

JuristBooks Loc: North Carolina

“Extremely Sociopathic Gestapo.”

(As in our heavily armed federal bureaucracy)

Mikeyavelli

No one forgets Trump. He's our next president, probably sooner than later.