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ESG Agenda Fulfills Warning About Managerial State
February 21, 2023
The implementation of the ESG agenda by progressive activists, corporate executives, and federal agencies fulfills James Burnham’s 1941 prediction of a managerial revolution that would replace capitalism.
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New Activist Campaigns on the Rise Globally
February 21, 2023
According to a new report released by Diligent, the number of companies subjected to new activist campaigns increased by 10.6% in the U.S. and 6% globally in 2022.
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U.S. Proxy Season Reveals ESG’s Staying Power
February 21, 2023
According to sustainability.com, U.S. proxy season, which is know to reflect current sentiment about corporate behavior, is proving to keep sustainability and ESG as prominent themes in 2023 .
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Vatican Sets Criteria for Catholic Investors
February 15, 2023
The Vatican has released a 45 page pamphlet, published in several languages, to set out « faith-based measures for Catholic investors » pointing out 24 categories of investments that must be avoided including abortion, armaments, capital punishment, contraceptives, and pornography.
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Major Companies Begin Hiring « ESG Controllers »
February 15, 2023
While the U.S. Securities and Exchange Commission (SEC) awaits approval of their proposed climate-risk disclosure rule, some major companies, including Citi Bank are preparing in advance by creating new rolls, including the ESG controller, who will be responsible for ESG reporting.