DeSantis opposes ESG agenda

 Fox News:

On Monday, Florida Governor Ron DeSantis and state legislative leaders announced a sweeping new bill to curb the politicization of corporations and the use of social credit scoring in banking and other financial services in their state. If passed into law, the legislation would become the most far-reaching protection against woke corporations established to date.

"Today’s announcement builds on my commitment to protect consumers’ investments and their ability to access financial services in the Free State of Florida," DeSantis said during a press conference announcing the bill. "By applying arbitrary ESG financial metrics that serve no one except the companies that created them, elites are circumventing the ballot box to implement a radical ideological agenda. Through this legislation, we will protect the investments of Floridians and the ability of Floridians to participate in the economy."

"ESG" stands for "environmental, social, and governance" metrics, a type of social credit scoring system that measures companies’ devotion to non-financial factors, many of which favor left-wing causes.

For example, the ESG ratings system favored by the World Economic Forum (WEF) — the organization that hosts a massive, infamous meeting of elites in Davos each year — evaluates companies in part on their "Percentage of employees per employee category, by age group, gender and other indicators of diversity (e.g. ethnicity)."

ESG ratings systems also reward companies that agree to promote a number of environmental causes, including battling climate change, and they typically punish businesses that use too much land or water. Businesses that agree to fund social justice initiatives are also rewarded under countless ESG schemes.

ESG was a significant part of the World Economic Forum’s 2020 "Great Reset" campaign, as well as countless other of its proposals aimed at "resetting" the global economy and reimagining social contracts. And it’s a major reason why so many corporations in North America and Europe have started to embrace radical leftist ideas over the past decade.

Although millions of Americans still have not heard of ESG metrics, they are already having a profound effect on businesses in North America and Europe, and as a result, the wider economy and culture. KPMG, one of the world’s largest accounting firms, reports 96 percent of the 250 largest companies in the Fortune 500 have ESG systems already in place.
...

 ESG is a means of rigging the market to achieve liberal objectives instead of a free market.  It is also part of an attack on the energy market to impose the Big Green agenda.

See, also:

Manchin digs in against ESG, puts GOP a vote away from rejecting Biden’s woke rules for investments

And:

 AL GORE’S BROKEN RECORD OF HYPOCRISY

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