Commentary Throughout my career, I often said “corporate responsibility is social responsibility.” Nothing exemplifies an attempt to make that a reality today as much as ESG, or “Environmental, Social, and Governance” criteria, that an increasing number of companies and corporations are signing up for. Essentially, if a company signs up for ESG, it agrees to…
‘Mountain Retreat for the Liberal Elite’ Holds Invitation-Only Summit on ESG
July 11, 2022
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2022 Midterm ElectionsAllison Herren LeeAspen InstituteBig Tech, Censorship, and SocialismBusiness & Marketscancel cultureCompaniesDemocratseconomic policieseconomyElon MuskEnvironmentESGFeatured TopicsPolicies & ImpactsPoliticsScienceUSUS FeaturesUS News
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The Aspen Institute is holding an invitation-only event, the “Aspen ESG Summit,” at a time when rising energy prices, novel climate mandates, and growing global instability have made environmental, social, and corporate governance (ESG) a subject of controversy. Speakers on the three-day summit’s agenda include Securities and Exchange Commissioner Allison Herren Lee, who recently voted…
Startup Backed By Billionaire Investors Crusades Against Climate Investing, ‘Stakeholder Capitalism’
A few years ago, it would have been hard to imagine an activist hedge fund gaining three board seats at America’s largest oil and gas company. A fledgling fund called Engine No. 1 with just 0.02 percent ownership in ExxonMobil, voted out three board members at the oil giant in 2021, scoring a victory for…
Peter Thiel’s New Venture Aims to Lure Companies Away From Environmental Justice Policies
As the Walt Disney Company, Coca-Cola, Google, Microsoft, the Atlanta Falcons, and other high-profile corporate entities involve themselves in public controversies over hot-button social topics, and pursue market strategies and internal policies based on Environment, Social, and Governance (ESG) and Diversity and Inclusion (D&I) principles, some asset managers increasingly wonder how to invest capital in…
Peter Thiel’s New Venture Aims to Lure Companies Away From Environmental Justice Activism
As the Walt Disney Company, Coca-Cola, Google, Microsoft, the Atlanta Falcons, and other high-profile corporate entities involve themselves in public controversies over hot-button social topics, and pursue market strategies and internal policies based on Environment, Social, and Governance (ESG) and Diversity and Inclusion (D&I) principles, some asset managers increasingly wonder how to invest capital in…
As ESG Comes Under Scrutiny, Skeptics and Contrarians Rise Up
June 20, 2022
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Business & MarketsclimateCompanieseconomic policieseconomyEnvironmentESGInvestmentMarketsPolicies & ImpactsScienceSECstocksThe Epoch Times Featured ArticlesTrumpUSUS Features
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Environmental, social, and governance (ESG) principles have rapidly taken hold in the financial sector in recent years. Now, against the backdrop of increasing regulatory enforcement, rising anti-ESG activism, and criticism of the Securities and Exchange Commission’s (SEC) climate disclosure proposal, ESG skeptics are coming to the fore, pushing back against the SEC and developing new…
BlackRock Sells US Interests for ‘Personal Favors’ in China, Consumer Group Director Says
June 15, 2022
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BlackRockBusiness & MarketsChinaChinese RegimeCompanieseconomyESGFinance & Business TiesInvestmentLarry FinkSpecial TopicsUSUS NewsUS-China relationswill hild
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BlackRock, the world’s largest investment manager that oversees $10 trillion in client funds, has positioned itself as a socially conscious firm. However, the company is choosing China over the United States as it advances its environmental and social priorities, according to Will Hild, executive director of Washginton-based nonprofit Consumers’ Research. Hild said BlackRock CEO Larry…
BlackRock Sells Out US Interests for ‘Personal Favors’ in China, Consumer Group Director Says
June 15, 2022
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BlackRockBusiness & MarketsChinaChinese RegimeCompanieseconomyESGFinance & Business TiesInvestmentLarry FinkSpecial TopicsUSUS NewsUS-China relationswill hild
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BlackRock, the world’s largest investment manager that oversees $10 trillion in client funds, has positioned itself as a socially conscious firm. However, the company is choosing China over the United States as it advances its environmental and social priorities, according to Will Hild, executive director of Washginton-based nonprofit Consumers’ Research. Hild said BlackRock CEO Larry…
BlackRock and ESG Controlling America but Benefiting China—With Will Hild
June 14, 2022
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BlackRockcarrierCCPChinaChina Business & EconomyChina InsiderChinese militaryChinese Regimeconsumers' researchcorporate governanceDronesEnvironmentEpochTVESGFinance & Business TiesGlobal ExpansionHong KongInfiltrating the WestLloyd AustinSpecial TopicssustainabilitytechnologyteslaThreat from Communist ChinaUS-China relationsvesselWall Streetwill hild
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BlackRockcarrierCCPChinaChina Business & EconomyChina InsiderChinese militaryChinese Regimeconsumers' researchcorporate governanceDronesEnvironmentEpochTVESGFinance & Business TiesGlobal ExpansionHong KongInfiltrating the WestLloyd AustinSpecial TopicssustainabilitytechnologyteslaThreat from Communist ChinaUS-China relationsvesselWall Streetwill hild
How does Blackrock utilize the environmental, social, and governance (ESG) score system to control domestic policies, while benefiting from their special treatment in China? And does the United States suffer while China benefits from this vampiric relationship? We discuss this with Will Hild from Consumers’ Research. I then discuss the just-concluded Shangri-La security summit, where…
Are Social Credit Scores Coming to America?
June 12, 2022
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AnalysisBig Tech, Censorship, and Socialismconstitutional rightsESGFeatured TopicsOpinionPoliticsSocial credit scoreUSUS News
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News Analysis As new technology is developed to track peoples’ behavior and generate environmental and social credit scores, some state lawmakers are sounding the alarm that the United States may be following China in imposing behavioral ratings on its citizens. China has been working since 2014 to impose a social credit system on its population…
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