UN-ESG

Global Developments in ESG Disclosures May Have a Significant Impact on U.S. Companies

March 15, 2023

Risk and financial advisor group Kroll reports that environmental, social and governance (ESG) regulatory initiatives from the European Union (EU), International Sustainability Standards Board (ISSB), and U.S. Securities and Exchange Commission (SEC) may have significant ramifications on U.S. companies.
« Woke » Programs Pushed as Silicon Valley Bank Collapsed

March 15, 2023

As Silicon Valley Bank was failing, bank leadership, including a head of risk management continued to invest in « woke » initiatives such as LGBTQ+ programs encompassing a “safe space” for coming-out stories.
U.S. Congress Votes to Block Biden ESG Initiative

March 08, 2023

A resolution to overturn the Labor Department rule that enables fund managers to consider environmental, social and corporate governance (ESG) issues for investments and shareholder rights decisions passed both houses of Congress and will be sent to President Biden, who is expected to veto the measure.
U.S. Conservatives have the Potential to Beat ESG

March 01, 2023

Russ Greene and Stephen R. Soukup writing in National Review Online give a detailed overview of the long history of the Environmental, Society and Governance (ESG) movement as well as an analysis of the ability of American conservatives to defeat the expansion of ESG policies.
ESG Agenda Fulfills Warning About Managerial State

February 21, 2023

The implementation of the ESG agenda by progressive activists, corporate executives, and federal agencies fulfills James Burnham’s 1941 prediction of a managerial revolution that would replace capitalism.
U.S. Proxy Season Reveals ESG’s Staying Power

February 21, 2023

According to sustainability.com, U.S. proxy season, which is know to reflect current sentiment about corporate behavior, is proving to keep sustainability and ESG as prominent themes in 2023 .
Major Companies Begin Hiring « ESG Controllers »

February 15, 2023

While the U.S. Securities and Exchange Commission (SEC) awaits approval of their proposed climate-risk disclosure rule, some major companies, including Citi Bank are preparing in advance by creating new rolls, including the ESG controller, who will be responsible for ESG reporting.
DeSantis Proposes Bill Banning ‘Social Credit Scores'

February 15, 2023

Florida Governor Ron DeSantis has announced proposed legislation whose aim is to hinder banks and other financial institutions from discriminating against potential customers based on religious, political, or social beliefs, forbidding banking institutions from using « social credit scores ».
Microsoft Suspends Relationship with Group Blacklisting Conservative News

February 13, 2023

The Microsoft-owned Xandr has been complying with the guidelines of Global Disinformation Index (GDI), a group that intends to shut down disfavored speech including blacklisting conservative websites, leading the advertisement company to suspend working with GDI while Microsoft reviews the relationship.
More than 100 Groups and Leaders Back Resolution to Stop ESG Investing for U.S. Retirement Plans

February 08, 2023

More than 100 conservative leaders and groups are backing a new resolution whose goal is to terminate President Biden’s Department of Labor rule that allows retirement plan managers to factor environment, social and governance (ESG) issues into investment decisions, raising concerns that 152 million Americans retirement savings are being politicized.