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Billionaire Larry Fink becoming top Adversary of the Right
May 25, 2022
Writing in the Washington Examiner, Economics Reporter Zachary Halaschak, details how BlackRock CEO Larry Fink has used his influence running the world’s largest money manager, to push for environmental, social, and governance (ESG) standards and push a corporate shift away from shareholder capitalism toward stakeholder capitalism bringing him to odds with the Conservative Right.
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Tesla Removed from S&P 500 ESG index
May 25, 2022
New Twitter owner, Elon Musk, has had his company Tesla removed from the S&P 500 ESG index, a key stock index that tracks sustainable and socially conscious companies, with S&P citing accusations of racial discrimination and poor working conditions.
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Deloitte Global CEO uses WEF to Promote Purpose-Driven ESG Metrics Client Services
May 25, 2022
As the ESG trend shifts from reporting progress to embedding ESG metrics, Deloitte Global CEO uses the World Economic Forum (WEF) to promote purpose-driven ESG metrics stating that given the complexity of the issues in the world today, society is only going to get so far without their help to develop solutions.
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Paolo Carozza named to Meta Oversight Board
May 23, 2022
University of Notre Dame professor of law and concurrent professor of political science, Paolo G. Carozza will join the 23 member Oversight Board for Meta, the parent company of various social media giants including Facebook as well as virtual reality platform Reality Labs, and will focus on addressing a variety of issues related to freedom of expression and human rights within the Metasphere.
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Washington Times: Proponents of ESG see Business as a Type of Social Welfare Organization
May 18, 2022
As American businesses aim to be more socially responsible, supporters of Environment, Social, and Governance policies (ESG) are pushing businesses to contemplate the bigger picture in every move they make, treating business as another type of social welfare organization, with responsibilities and obligations to the world at large.
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