Do the radical ESG opponents really want a world that makes it illegal to direct money away from a company dumping carcinogens into the Hudson River (GE did this until around 1977) if doing so is v…
would become a rallying cry for the left and right in our increasingly fractured political debate, but here we are.
That is, until it was hijacked by the radical leftists and some corporate C-suiters looking to gain woke brownie points. Throw in the racial unrest after the 2020 killing of George Floyd and the constant, often-, and the result has been swaths of corporate America adopting some of the most radical interpretations that ESG has to offer.
New York City Comptroller Brad Lander wants BlackRock to detail how the city could invest in high-performing stocks without giving money to the fossil fuel industry.Money managers are acquiescing to the absurd demands of left-wing pols running large pension funds or face losing business.
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