Environmental Social and Governance (ESG) investing - Page 2

West Virginia state Treasurer Riley Moore, a national leader against the leftist ESG movement, endorsed former President Donald Trump in his presidential run on Thursday.

Senate Energy and Natural Resources Committee Chairman Joe Manchin (D-WV) suggested corporations and financial firms embracing environmental, social, and governance (ESG) investing are not considering the geopolitical risks.

Vanguard CEO Tim Buckley is now defending his position to remove the world’s second-largest asset manager from a climate alliance with asset managers, claiming his company is “not in the game of politics” and his “voice was being drowned out.”

Florida’s CFO Jimmy Patronis told Breitbart News that he’s looking to give the best “return on investment” for Floridians and the Sunshine State instead of focusing on pushing a political agenda in investing such as environmental, social, and governance (ESG) policies.

Following political pushback over the environment, social, and governance (ESG) investing and a rocky market, sustainable funds and ETFs (exchange-traded funds) saw a major hit in last year’s fourth quarter, according to a report.

One of the most important policy battles of 2023 is already happening quietly and outside of the media spotlight. Indeed, many Americans are completely unaware that it is underway. It is over the Left’s ESG- (environmental social and governance) driven investments and their corrosive effect on the country.

Heritage Action Executive Director Jessica Anderson and Indiana state Rep. Ethan Manning (R) called on lawmakers to pass legislation that would ensure that those managing Indiana’s pension fund would not promote Environment, Social, and Governance (ESG) investing.

Forty-nine Senate Republicans and Sen. Joe Manchin (D-WV) unveiled a resolution that would eliminate President Joe Biden’s ESG investing rule, which may politicize 401(k)s.

Oklahoma state Treasurer Todd Russ sent a letter, first seen by Breitbart News, to numerous national financial institutions, including fund managers and banks, demanding answers to a questionnaire to determine who is “boycott[ing] energy companies” in Oklahoma and should be placed on a blacklist.

Florida Chief Financial Officer (CFO) Jimmy Patronis on Monday blocked asset managers from investing $5.1 billion of state pension pool from being invested in financial products associated with Environmental, Societal and Governance (ESG) standards in the latest push against the policy movement.

Sen. Katie Britt (R-AL) used her first vote in the United States Senate to expose the ESG agenda of President Joe Biden’s nominee to be Assistant Secretary for Energy, Installations and Environment in the Defense Department.

Americans do not want investment firms to spend their hard-earned retirement money spent on climate change and would prefer investment firms to focus on maximizing profits for retirement, a poll exclusive to Breitbart News conducted by CRC Research for the 85 fund shows.

Twenty-one state attorneys general are putting pressure on two proxy advisory firms to stop pushing environmental, social, and governance (ESG) rules, saying the policy push goes against the firms’ contractual obligations.

Consumer advocates, economists, and other experts have discussed how Environment, Social, and Governance (ESG) investments have contributed to the decades-high inflation America continues to experience.

West Virginia State Treasurer Riley Moore told Breitbart News on the first anniversary of his state divesting from BlackRock over its “net zero” policy push that the asset manager is “starting to hedge” and that the push against the policy movement is “having an effect.”

In 2022, Americans starting pushing back against the toxic combination of finance and left-wing politics known as ESG, but the struggle is far from over.

West Virginia State Treasurer Riley Moore (R) told Breitbart News in an exclusive interview that 2022 was a big year for exposing the environmental, social, and governance (ESG) policy movement, which he describes as a “merger of corporate and liberal political power.”

Hedge fund billionaire Paul Tudor Jones, a donor to Democrats and Republicans alike, says Environmental, Social, and Governance (ESG) is out of touch with the majority of Americans who prefer companies to be focused on how they treat their workforce rather than prioritizing environmental issues. 

“We are not, and will not be, a ‘climate policymaker,'” Federal Reserve Chair Jerome Powell said during a panel discussion Tuesday hosted by Sweden’s central bank.

Kentucky state Treasurer Allison Ball released a blacklist of 11 financial institutions engaged in energy company boycotts, which could make them subject to complete divestment by state entities after 120 days.

WASHINGTON, District of Columbia — Nebraska state Treasurer John Murante, a former national chair of the State Financial Officers Foundation (SFOF), told Breitbart News that pushing the environmental, social, and governance (ESG) policy movement “is a real attack on farmers and ranchers in Nebraska.”

BlackRock, the world’s largest asset manager, will continue to push for leftist environmental, social, and governance (ESG) policies when it engages with companies and exercises its voting rights — despite backlash from Republicans.

Sen. Mike Braun (R-IN) and Rep. Andy Barr (R-KY) are looking to destroy President Joe Biden’s controversial Labor Department rule change, which allows companies to prioritize environmental, social, and governance (ESG) initiatives when choosing retirement plans.

WASHINGTON, District of Columbia — Louisiana state Treasurer John Schroder, who is the national chair of the State Financial Officers Foundation (SFOF), told Breitbart News that Republican state treasurers have ” taken a strong stance” towards corporate America and the leftist environmental, social, and governance (ESG) policy movement.

HSBC announced that it will no longer finance new oil and gas projects in order to meet the green agenda goals of the globalist elites.

House Republicans launched an anti-trust investigation this past week into major climate groups pushing “environmental, social, and governance” (ESG) policies.

North Carolina Treasurer Dale Folwell sent a bombshell letter to asset manager BlackRock, saying its CEO, Larry Fink, needs to “resign or be removed” from the firm’s leadership team “immediately” over his obsession with pursuing a leftist “political agenda.”

London-based activist investor Bluebell Capital is calling for BlackRock CEO Larry Fink to step down from the company over the alleged “hypocrisy” of its environmental, social, and governance (ESG) messaging.

The Texas legislature subpoenaed BlackRock and any of its subsidiaries and affiliate entities last month for any documents related to the asset manager’s effort to push Environmental, Social, and Governance (ESG) policies.

Vanguard, one of the primary asset managers, withdrew from the largest climate change alliance after facing increasing scrutiny of its hostility to the fossil fuel industry.

Florida Chief Financial Officer Jimmy Patronis announced on Thursday that the state would start to pull $2 billion in assets away from BlackRock due to the state’s opposition to the company’s major push into Environmental, Social, and Governance (ESG) policies.

WASHINGTON, District of Columbia — Missouri Treasurer Scott Fitzpatrick told Breitbart News in an exclusive interview that Environmental, Social, and Governance policies, otherwise referred to as “ESG,” are “just the latest acronym to describe” leftist activism.

Lobbyists for “woke” corporations adopting equality and climate goals have reportedly faced problems when meeting with populist House Republicans.

WASHINGTON, District of Columbia — West Virginia Treasurer Riley Moore, who recently announced a congressional run in 2024, told Breitbart News in an exclusive interview that Environmental, Social, and Governance (ESG) policies are going to lead to the “destruction of the fossil fuel industry.”

WASHINGTON, District of Columbia — Republican state treasurers from across the country launched their strategies against leftist Environmental, Social, and Governance (ESG) policies at the State Financial Officers Foundation conference last week.

West Virginia State Treasurer Riley Moore announced Monday that he will run in the state’s Second Congressional District to stop “woke corporate activism.”