UN-ESG

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.
Alphabet Deploys $5.7 Billion from Largest-Ever Corporate Sustainability Bond

August 24, 2022

Alphabet’s published 2022 Sustainable Bond Impact Report highlighted that the company has completed the allocation of the proceeds of its 2020 $5.7 billion sustainability bond, which focused on green building and renewable energy.
SEC Attempts to Regulate Indefinable “ESG” Topics

August 17, 2022

Richard Morrison writing for the Competitive Enterprise Institute (CEI) breaks down the issues concerning the Security and Exchange Commission’s attempt to pass a proposal that would amend the current Commission rule on investment company names in order to attempt to regulate Environmental Social Governance (ESG) topics.