Category: ESG Standards

Elon Musk Takes Dig at Deutsche Bank’s ‘Greenwashing’ Raid After Tesla ESG Snub

June 1, 2022
Business & EconomyCompaniescorporate fraudDeutsche BankElon MuskESG StandardsEuropeWorld
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Billionaire entrepreneur Elon Musk has taken a jab at environmental, social, and governance (ESG) investment funds after news broke that German authorities raided Deutsche Bank and asset management company DWS Group due to alleged “greenwashing” of its ESG funds. Greenwashing refers to processes by which companies falsely present themselves as more pro-environment than they really…

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The USA Should Clarify the ‘E’ in ‘ESG’ and Use Carbon Standards to Our Advantage

May 23, 2022
Analysisbond marketsBusiness & EconomyBusiness ColumnistsElon MuskEnvironmentESG StandardsOpinionUncategorizedViewpoints
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Commentary When I first heard the term “green bonds” several years ago, I tried to find a definition for the term, but could not. There were multiple examples of how “green bonds” could be used, for things like mass transit systems, wetlands preservation, etc. But there was no “standard” definition per se. So what qualified…

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ESG Underperformance Will Be Its Undoing

February 25, 2022
Business & EconomyBusiness ColumnistseconomyESG StandardsOpinionViewpoints
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Commentary  The underperformance of the latest form of “woke activism” in finance, called Environmental, social, and corporate governance (ESG), will be the strategy’s eventual undoing. We have discussed the many problems with ESG investing in previous posts. The Great Wall Street Money Heist Wall Street Wins Again As ESG Infiltrates Retirement Plans In those previous…

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State Street Sets New Targets for Biggest Companies on Climate Change, Boardroom Diversity

January 17, 2022
AustraliaBusiness & Economyclimate changeCompaniesESGESG StandardsEuropeInvestmentState StreetUSUS NewsWorld
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The world’s fourth-largest asset manager, State Street, is putting listed companies on notice to take more action on climate change and ensure more women are promoted to board positions. State Street Global Advisors (SSGA) controls around US$4 trillion in shares across significant companies in the United States, Australia, Canada, Europe, and the United Kingdom, and…

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Be Afraid of Big Banks and Government Seeking to Direct Businesses and Personal Financial Decisions

November 4, 2021
ESG StandardsinvestmentsOpinionViewpoints
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Commentary One of the subtlest and most perfidious paths through which the cabal of elitist activists, industrial and commercial interests, and national and international politicians and bureaucrats are trying to “reset” capitalism to prioritize “woke” social justice and green priorities is through the co-opting and takeover of global capital markets: banks, insurance, and stock and…

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