ESG: Environmental, Social, and (Corporate) Governance...THIS IS THE GREAT RESET!

Posted by $ Olduglycarl 10 months ago to Economics
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Sound so heavenly...but it's HELL in one handbasket.
THIS IS the Top Down that will meet the Bottom Up, (You and I) at the hands of blm, antif*_k, progressives, marxist and communist.
The latter of which will be disposed of.

Here's what wikki has to say:Environmental, Social, and Corporate Governance (ESG) data refers to metrics related to intangible assets within the enterprise, a form of corporate social credit score. Research shows that intangible assets comprise an increasing percentage of future enterprise value.[1][2] While there are many ways to think of intangible asset metrics, these three central factors together, ESG, comprise a label that has been adopted throughout the United States financial industry. They are used for a myriad of specific purposes with the ultimate objective of measuring elements related to sustainability and societal impact of a company or business.[3]

Environmental, social, and governance (ESG) criteria are an increasingly popular way for investors to evaluate companies in which they might want to invest.
Many mutual funds, brokerage firms, and robo-advisors now offer products that employ ESG criteria.
ESG criteria can also help investors avoid companies that might pose a greater financial risk due to their environmental or other practices.

_NOTE, this WILL be scaled down to the individual.

Did I mention Black Rock?...I just did but their relationship is hidden.

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  • Posted by Lucky 10 months ago
    I recall about 25 years ago the talkers came up with the 'Triple Bottom Line'.
    Companies with poor financial results, especially gov owned were big on this, the claim went out that they were really doing very well! To see this you had to look at non-financial aspects which they had now quantified for you. In companies that did it, the triple bottom line was always strongly positive (of course).
    There were instances of net financial loss makers asking for gov subsidies - to compensate for their high Triple Bottom Line number.
    Not much in the way of subsidies went out, it was mainly shareholders, the company, that paid for the new 'rent seekers'.

    As Dobrien says- from diverse representation, a few Marxists, more mushy heads, mainly a new class of job opportunity for those who cannot produce, and who in reality work for the new industries providing environmental protection (they call it) and consultancies in HR, human rights, wokism generally.
    Director of Social Outreach, Equity Diversity Inclusion. an office, staff, expense account, restaurant and big game tickets, travel to climate conferences and workshops, jobs with similar titles for family ..
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  • Posted by mccannon01 10 months ago
    Reminds me of a company I used to work for turned its focus on things like skin color distribution and genitalia configuration and lost sight of actually making a product - any product. It filed for bankruptcy and is a shadow of its former self - selling foreign goods under its old American name.
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  • Posted by $ Dobrien 10 months ago
    You will find a few black woman will hold ESG directorship positions on the boards of numerous (possibly hundreds of) companies .
    Once again the idea is too get a more diverse representation on the boards of these public Co.s.
    BUT the result will be a few elite activists (call them what they are indoctrinated Marxist looters and dare I say , satanic beeeatches) they will represent the black folks road to ruin and destruction.
    BlackRock is a main artery of the 13 deliete families .The puppet masters if you will. Vanguard is another. They been cue anoned of the social media recently. More to come I am sure.
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  • Posted by $ 10 months ago
    Meet your new overlords.
    The house has a bill for this...the Senate has yet to act on it.
    You best hope they don't.

    GB did a show this afternoon on this, it won't be available for me to post access to it yet...when I get the email I will post it here.
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    • Posted by $ 10 months ago
      Almost forgot, not in any of the articles is a New Algorithm that will "Estimate" what a small or medium business ESG score should be and once they give you a low'll be playing THEIR game...GOTCHA!
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