418 Comments

 User Avatar

 

 User Avatar
keesbimbam

Yep, ESG scores (environmental, social & governance) scores are designated by Blackrock. The higher the score, the higher the likelihood the listed company will remain in a sustainability index of green funds. Many pension funds need to re-allocate billions of capital from 'grey' listed companies (e.g. fossil fuel companies) to these green funds take a close look at the listings that are part of the new sustainability index. Diversity, equal payment for women and LGBTQ rights give you a high score in the G (governance). Since there is more capital than green listings, it is expected that the stock prices will increase significantly. Therefore, high bonuses for the board of directors. Hence, the woke agenda support.

673
 User Avatar
rope_police

Ok, but the real question is, who came up with the ESG score and why? 2 decades ago no billionaire gave a shit if you polluted or.not. Are you telling me they grew a conscience in the past decade? Or could this be another form of powergrab from the aristocracy? I'm thinking second.

143
 User Avatar
skeletonsaresp

Not really. If it's just numbers on a spreadsheet ( as you said ). Soon as it's boycotted to the point institutional investment isn't covering up losses from revenue, they'll start making advertisements with Erika playing in the background.

2
 User Avatar
arghmonday

Advertising is about scores? NO!

-7
 User Avatar
mabecosenhas

so its the gov fault...another check

0
 User Avatar
richard1701

yeah dude. that Midnight's Edge expose was very enlightening.

0
 User Avatar
hairyjohn

Not institutional investment, but loans and bailouts, the ESG score have nothing to do with investment, just loans and bailouts

0
 User Avatar
yourmom_mydick

its the same why so many companies in germany are doing advertising with black people. advertises with blacks or Fags trigger a lot of people and so they generate a lot of traffic, giving it even more range.

1
 User Avatar
colin_mockary

Not stuck with it. Look at Target removing that gay shit too quick

0
 User Avatar
eguyki

Doesnt matter aint drinking no more Butt Light, gonna start drinking Red Stripe for for Jamaicans aint Woke yet

0

Continue Browsing Memes