Fighting the “Woke” ESG Agenda
The Biden administration and corporate cronies are on the attack.
What is their target? Vital American resources, such as fossil fuels—the largest source of energy powering our economy.
This assault on industries to further the Left’s agenda is being waged through the financial sector with environmental, social, and governance (ESG) investing criteria.
ESG is an investment scam that deceptively uses Americans’ money to push political goals and cut off capital to the oil and gas industry—not to generate the highest returns for retirees, pension holders, and taxpayers.
ESG is an attack on the free market. What can policymakers do?
- Give state treasurers authority over contracts with ESG financial institutions that boycott fossil fuels or pursue other “woke” agendas.
- Empower attorneys general to investigate ESG institutions and demand accountability for their use of retirement plans, pension funds, and investments.
- Ban ESG investing in state and local pensions, state contracts, and publicly funded postsecondary education.
- Strengthen ethics codes for financial advisors who are not transparent with investors about politically motivated investing.
The Biden Administration and "Woke" Financial Corporations Are Waging War on Vital American Industries, but States Can Fight Back
Fossil fuels are under assault. Policymakers should fight back against the “woke” climate agenda and protect free enterprise.READ MORE
What is ESG?
ESG describes a set of investment standards the far-left imposes on companies to advance climate and/or social justice issues, and 71% of all voters oppose this practice.READ MORE
ESG Corps Are a Threat to Free Enterprise — and Texas is Pushing Back
A corporatist alliance between the private sector and government is perhaps the only thing we should be putting out of business.READ MORE
Senior Fellow Eric Bledsoe Talks 'Woke' ESG on American Family Radio
ESG companies prioritize social goals over the maximizing of profits, picking winners and losers in the market to advance the Left’s agenda.READ MORE
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