UN-ESG

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.
Former AG Barr Warns ESG can Affect National Policy

September 09, 2022

Former Attorney General Bill Barr warns that prioritizing environmental, social, and governance (ESG) policies can have serious repercussions, including how prioritizing ESG can affect not just business but national policy as well, overstepping the democratic process.
Heritage Foundation Announces Initiative Opposing ESG Policies

September 09, 2022

The Heritage Foundation has unveiled their new website, « ESG Hurts », an initiative that will oppose environmental, social and government (ESG) policies pushed by 'woke' Corporations that Heritage believes is doing harm to consumers and busineses by prioritizing social justice and the green agenda.
Kimberlee Josephson: The Rise of ESG, Replacing Profits with Paternalism, and Strategy with Standards

September 07, 2022

Kimberlee Josephson writing for wallstreewindow.com explores how the economic system now has a movement for systematic change based on social impact and not on expectations for a favorable return given the risks involved, skyrocketing Environmental, social and governance (ESG) investing.
Zachary Halaschak: Financial industry pushes back against liberal SEC rules

September 07, 2022

Zachary Halashak writing for bloomberg reports that the the Securities and Exchange Commission under the control of Chairman Gary Gensler is facing implications from the financial industry as it attemts to push an ambitious agenda of liberal goals, in particular environmental, social and governance (ESG) intitiatives.
Lydia Beyoud: Conservatives Embrace ‘Anti-Woke’ Proxy Votes to Blunt ESG

September 07, 2022

Conservative groups have learned to use the proxy ballot to battle what they consider to be decisions that cater to the left, in particular changes concerning Environmental, Social, Governance (ESG) policies that have swept through boardrooms over the last few years.
Texas Leading Oil Regulator Joins the State’s Fight Against ESG

August 30, 2022

Texas’s leading oil and gas regulator has cheered on the recent actions of Texas’s State Comptroller’s to push against environmental, social and governance investing (ESG) funds like Blackrock, citing that ESG has a detrimental impact on oil and gas.
2022 Proxy Season Review Reveals Effects of ESG of Proposal Activity

August 30, 2022

2022 Proxy Season Review evidences increased social and political shareholder proposal activity and bias against non-progressive ESG proposals.