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ESG Investing Takes a blow as Vanguard Withdraws from GFANZ
December 14, 2022
Vanguard has announced that it will leave the woke « net-zero » alliance known as GFANZ whose goal is to force environmental, social, and governance (ESG) policies on the the U.S. economy.
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UN Backed Initiative Pressures Companies on Social and Human Rights
December 07, 2022
In an initiative organized by the U.N.-backed Principles for Responsible Investment (PRI), more than 220 investors managing $30 trillion have signed a plan referred to as ‘Advance’ to pressure companies over social issues and human rights.
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Florida pulls $2 Billion from BlackRock in Largest Anti-ESG Divestment
December 07, 2022
Florida will pull $2 billion worth of its assets managed by BlackRock Inc due to the state’s opposition to the companies environmental, social and corporate governance (ESG) policies.
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Europe’s New Common Reporting Framework Puts Heavy Load on Businesses
December 07, 2022
The European Council has approved the Corporate Sustainability Reporting Directive (CSRD) which will begin January 1, 2024 increasing the amount of information companies are required to report as well as the number of companies themselves which now fall under this regulation, going from 12,000 to an estimated 49,000.
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A True Liberal: New Biography of Austrian Economist Friedrich Hayek
November 30, 2022
Deirdre Nansen McCloskey writing for Reason magazine summarizes the highlights of a new biography of Friedrich Hayek that tells the story of the economist’s early life and career.