UN-ESG

The National: ESG Experiencing Increased Trust Issues

October 12, 2022

Sergio Scandizzo and Chitro Majumdar writing in The National, highlight that the lack of definition, standards and approach has left a lack of trust from financial markets in Environmental, Social and Governance (ESG) investments.
Paraskova in Oil Price: Republicans Withdraw $1 Billion From BlackRock Due To ESG Policies

October 12, 2022

Following Louisiana’s move to divest all treasury funds from BlackRock due to their Environmental, Social and Governance (ESG) investment policies, multiple Republican led U.S. states are following suit and withdrawing state funds from BlackRock’s management, totaling more than $1 billion.
Louisiana withdraws $794 million from BlackRock Funds Over ESG Investing

October 10, 2022

Louisiana Treasurer John Schroder announced in a letter to BlackRock Chief Executive Officer Larry Fink that Louisiana is pulling $794 million from BlackRock Inc. funds, citing the Investment giant’s views on ESG investing are damaging to the state's energy industry.
Shinder: Michael Bloomberg’s Case for Climate Corporatism

October 05, 2022

Writing for city-journal.org, Richard J. Shinder explores Michael Bloomberg’s recent Bloomberg Opinion article defending climate corporatism and attacks on critics of Environmental, Social, and Governance (ESG) Policies, calling them « anti-capitalist ».
KPMG study: Executives Backing Away from ESG as Recession Risks Mount

October 05, 2022

A study conducted by KPMG has revealed that nearly half of Chief executive officers surveyed are pausing or reconsidering environmental, social and governance (ESG) goals as they turn their focus to preparing their businesses for a fallout from a possible recession.
Vivek Ramaswamy tells Apple, Disney to keep Politics out of Business

September 28, 2022

Founder of investment firm Strive Asset Management, Vivek Ramaswamy, an outspoken critic of so-called “woke capitalism”, is publicly demanding that Apple and Disney prioritize profits and keep politics out of their businesses.
Diaz in NRO: A Catholic’s Answer to ESG?

September 21, 2022

Ixtu Diaz writing in the National Review Online explores the Catholic response to the recent explosion of the Environmental, Social, Governance (ESG) movement in the finance world.
Warren Buffett Challenges the ‘Social Responsibility’ Trend

September 21, 2022

Warren Buffet, Renowned investor and philanthropist, has broken with the narrative that has been pushed by Klaus Schwab and the World Economic Forum by expressing his reservations regarding Environmental, Social, Governance (ESG) standards and has even opposing proposals for annual reports on climate change and diversity initiatives.
Williamson at Perkins Cole: Four-part series: ESG and the SEC: Where Are We Now?

September 14, 2022

In part one of a four part series on the current status of Environment, Social, and Governance (ESG) and the Securities and Exchange Commission Gwendolyn Williamson at Perkins Coie explores the intense regulatory and political focus on ESG investing over the last year and its continuation into this fall.
Primack: BlackRock Reponds to ESG critics with Ten Page Letter

September 09, 2022

BlackRock has defended their focus on environmental, social, and governance (ESG) investing by responded to a recent letter from 18 attorneys general challenging the investment giant’s prioritizing of ESG investment, in particular their goal of moving toward a net-zero economy.