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As Climate Outlook Worsens, Republicans Go After “Woke” Capitalism
“What’s going on in the political arena is not just disappointing, it’s sad and it’s disruptive.”
https://www.motherjones.com/politics/20 … blackrock/
That effort has had some success but remains a work in progress. All of Wall Street now talks about environmental, social, and governance (ESG) principles in investing, and that’s a problem. Claims of a commitment to that philosophy are ubiquitous among corporations and investment funds, and investors are left to figure out which declarations amount to mere greenwashing. Only within the last year have government watchdogs moved to set standards on what companies must disclose about climate risks.
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