Democratic Rep. Maxine Waters of California claimed Wednesday that “everyone” had to start backing “ESG” considerations in investing in order to save the world.
“It’s unfortunate because it’s inevitable that everyone is going to have to participate in dealing with the environmental crisis, social activity, and of course, corporate governance and so, even if these attempts to deny or to delay are taking place, in the final analysis, we are going to have to have ESG,” Waters said during an interview with “Squawk on the Street” co-host Sara Eisen.
“So, yes, we’re paying a lot of attention to it. We’re going to fight back against these attempts to deny or destroy the whole idea of environmental, social, and governance, but we have to do it in order to save this planet,” Waters continued.
Environmental, Social and Governance (ESG), also known as “sustainable investing,” according to the Corporate Finance Institute, can factor in corporate policies on gun control, environmental issues, abortion or other issues in addition to or instead of strictly looking at a corporation’s profitability.
Critics of ESG pointed to crises in Sri Lanka, which banned chemical fertilizers that resulted in a 50% drop in crop yields in 2021, and Ghana, which suffered blackouts.
Republican Gov. Ron DeSantis of Florida signed legislation May 2 that prohibited state agencies and local governments from considering ESG when issuing bonds, barred banks from considering “social credit” when making loan decisions and prohibited discrimination on the basis of political, social or religious ideology.
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2 words for the old commie, they rhyme with yuck fou.
Tranny James Brown pushing the Climate Change™ hoax.
Surprise surprise.
Follow the money. She’s dumped all her spare cash into some fund that’s gonna pay off big if she can just get enough chumps to join.
There are only two things that motivate her: money and power.
I have to wonder how big the kickbacks from these “environmental” companies is.
Dear God, please help.
You know you’re a loser when you pay attention to anything Maxine Waters is saying
This woman is of decidedly low intellect. Cal State should refund her money for her bachelor’s degree. Her sense of fashion is abysmal. Ending these woke charlatans will save the middle class
How stupid can they be?
And how gullible can they think the rest of us are?
Calling her an idiot moonbat would be insulting real idiot moonbats. The only thing worse are those that vote for her!
The best way to start saving the planet is for this old goblin and people like her to resign.
The Obiden Administration loves giving the old commie talking points.