Representatives from the firearms industry and free-market think tanks are criss-crossing the country advocating for legislation that severely curtails—and often outright prohibits—state governments from considering environmental, social, and governance (ESG) factors when making decisions about investments and contracts.
CMD NEWS ABOUT Climate
New research reveals that both House Republicans and the witnesses they’ve called to kick off “ESG month”—a series of GOP-led hearings in July intent on preventing companies from responding to the climate crisis—have deep financial ties to the fossil fuel industry.
After years of criticizing progressives for shareholder activism focused on social justice and environmental concerns, right-wing groups and ideologues are embracing the same strategy themselves.
One in every four members of the State Financial Officers Foundation (SFOF)—the group of Republican state treasurers, auditors, and other financial officers on the frontlines of the campaign against "woke capitalism"—has been a member of the American Legislative Exchange Council, the Center for Media and Democracy has found.
In his keynote address at The Heartland Institute's International Conference on Climate Change, Utah Treasurer Marlo Oaks—a longtime investment banker prior to being appointed state treasurer in 2021—proclaimed key similarities between Hitler's drive to create a uniform Aryan society and the desire of "global elites" to implement uniform investment practices.