This is another issue that needs to be addressed and stopped. WOKE and ESG investments. The way to stop it is through the Legislative process.
This hits home to me because my local gun dealer was denied banking privileges because he was a gun dealer. Bank of America, Chase, Wells Fargo and other banks shut off his ability to bank. And if you run a business you know without banking you are finished. He couldn't even get a loan, not because of poor credit but because he sells guns. Lucky for him a small local bank stepped in and helped him. But he shouldn't have to beg just because he sells guns.
That will soon end. And no more "Social Credit Scores".
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ESG is great. Corporations like environmental favorite Exxon Mobile get the certification, or corporate governance icon Adani Group gets the stamp of approval, but Tesla is excluded from the indexes.
The first thing the next POTUS does should be firing everyone at the SEC who was involved with pushing for reporting on ESG impact.