#ESG investment

[farmerstrend]

Embu’s Privamnuts gets Sh387mn to expand macadamia production

“Discover how Privamnuts is expanding Kenya’s macadamia industry with a $3 million investment, supporting sustainable farming and small-holder farmers. Learn more about their journey to becoming a global leader in macadamia exports.” “Privamnuts secures $3 million from Aavishkaar Capital and KfW to boost macadamia production and sustainability efforts in Kenya. Read about their commitment to…

[linda0609barron]

Exploring ESG Investment Options: Ways Your Business Portfolio Can Save the Planet

Discover how ESG investment strategies can transform your business portfolio while contributing to a sustainable future. This blog explores the principles of Environmental, Social, and Governance (ESG) investing and its benefits for businesses and the planet. Learn about practical ways to integrate ESG criteria into your investment decisions and drive positive environmental and social impact. Read more : https://us.sganalytics.com/blog/esg-investment-ways-business-portfolio-can-save-the-planet/

[yatesdonna67]

ESG Investment

Socially responsible investment with a special focus on ESG investment Switzerland is a smart way to avoid companies, which have a higher risk of investment. Sustainable investment methods have always outperformed conventional strategies in investing. This is a great way to invest in alignment with the good for society and still profit.

[davidfelix39]

Wealth Management

Wealth management is a process of taking care of the wealth of an individual or family. Personalized guidance and solutions are offered by companies that manage wealth. They help better manage people’s investments in stocks, bonds, mutual funds, various financial instruments and insurance policies as they seek to maximize their returns on investment.

[londoncompliancesolutions]

The Financial Future: Using ESG Investment to Promote Sustainability

Examine how the financial world is changing and how ESG investment is influencing markets and investing approaches to promote sustainability.

[analytics66]

Climate Disclosure Legislation to Drive Businesses into a New Era of ESG Investment.

The article is about how new climate change legislation is driving businesses into a new era of ESG investment. It discusses the growing pressure on businesses to disclose their environmental impact, as well as the opportunities that ESG presents for companies that are prepared to adapt.

Here are some of the key points from the article:

New regulations are being created around the world to hold businesses accountable for their environmental impact. These regulations present both challenges and opportunities for businesses. Companies that are prepared to adapt to the new ESG landscape will be well-positioned for success in the future.

Link: https://www.sganalytics.com/blog/climate-disclosure-legislation-to-drive-businesses-into-a-new-era-of-esg-investment/

[elsa16744]

What is ESG Investing? Definition, Examples & Strategies Types

What is ESG Investing and Strategies - An ethical investing strategy, ESG investing helps investors, businesses, and people to align their investment choices with their values. ESG investors aim to purchase the shares of organizations to improve three areas of ESG. Read More: https://www.sganalytics.com/blog/what-is-ESG-investing-definition-examples-and-types/

[jackhenry81]

ESG Investor

The concept of ESG investing has come a long way. In today's world, it is considered as one of the most sustainable investment types for the welfare of environmental, socially and governance balanced world. That’s where the role of ESG investor begins making it grander than one's vision.

[julietfiona28]

Real Estate Investment

The real concept of real estate investment can give you a process of handling the finances in a better and safer way to deal with it throughout your time frame of life. Here, you can seek all information about what all you need to change your sphere and concept of financial management with the help of real estate investment and other such readily available plans.

[nationallawreview]

Department of Labor Enables Consideration of ESG Factors in ERISA Investments

Department of Labor Enables Consideration of ESG Factors in ERISA Investments

Yesterday, the Department of Labor “released a final rule under the Employee Retirement Income Security Act (ERISA) . . . [that] clarif[ied] that fiduciaries may consider climate change and other environmental, social, and governance (ESG) factors when they make investment decisions and when they exercise shareholder rights, including voting on shareholder resolutions and board nominations.”…

[shinobicyrus]

Hey, yanno how Climate Change is a real thing that is tangibly, at this moment, affecting our world?

Well it turns out, the wealthy and their investment firms have been seeing the mounting evidence that oil companies have had for decades and are slowly starting to think more long-term about their portfolios in the face of rising sea levels, more extreme weather, and the myriad of ways climate crises are affecting...well. Everything. Maybe this means they invest more into sustainability, green energy, building more resilient infrastructure, or carbon offsets. Some of it, of course, is simple corporate greenwashing, but there are those that are taking this trend and packaging it into something called ESG (Environmental, Social, and corporate Governance).

Now some people would say this is predictable, even sensible. Just the good ol’ Free Market(tm) rationally responding to market forces and a changing world.

But those people would be fools! Insidious fools! For conservative sorcerers have come out with a new cursed phrase to explain this new market trend: Woke Investing.

What makes this investing “woke?” Well, much like how conservatives normally flounder when trying to define a word they stole from black people, “Woke Investing” essentially just means any kind of capital investment that they, the fossil fuel billionaire class and their sycophants, don’t personally profit from.

One of these aforementioned sycophants is Andy Puzder, conservative commentator, fellow at The Heritage Foundation, and former fast-food CEO. He calls this kind of so-called woke investing “socialism in sheep’s clothing,” further explaining in leaked audio of a closed-door meeting:

“My father's generation's challenge was the Nazis, who, by the way, were, of course, very proud socialists[citation fucking needed]. The challenge of my generation was the communists, who were, of course, very committed socialists. The challenge of your generation is ESG investing, and it's more insidious than communism or the Nazis.”(source)

You heard it here first, folks. Not investing as much in fossil fuels is more insidious than the Third Fucking Reich.

As usual, the Heritage Foundation is putting their petro-chemical donor’s money where their mouth is. Bills are being proposed to blacklist banks that don’t invest in key state industries, such as West Virginia coal or Texas oil. Fourteen states have already passed bills to restrict ESG-type investing, with Florida Governor Ron “Bullies Kids for Wearing Masks” Desantis leading the charge.

In other words, Climate Denial has reached such a point that so-called Free Market Conservatives who claim to hate big government are trying to make it illegal for banks, investment firms, and financial institutions to make any financial decisions that acknowledges Climate Change is real.

[rjzimmerman]

Business Group Sues Texas Officials Over Law That Shields Oil Industry. (New York Times)

Excerpt from this New York Times story:

A liberal business group sued Texas officials this week in a major challenge to a 2021 law that bars state entities from doing business with investment firms that the state comptroller says are boycotting energy companies.

The suit, filed by the American Sustainable Business Council in United States District Court in Austin, argues that the law violates the First Amendment because it prohibits doing business with firms on the basis of their “actual or perceived” political views on fossil fuels.

The law prohibits state entities like retirement funds from placing investments with firms it says have enacted boycotts by including environmental principles in their investment strategies. Twenty states have passed such laws in recent years, according to a tally by Pleiades Strategy, a policy research group.

The laws were part of a backlash in some states against a surge of interest over the past decade in what’s known as E.S.G. investing, or making investment decisions that take into account environmental, social and governance issues like pollution and climate change, among others. A similar anti-E.S.G. law in Oklahoma was successfully challenged in court this year and has been temporarily blocked by a judge.

The Texas suit names the state attorney general, Ken Paxton, and the state comptroller, Glenn Hegar, as the defendants. In a statement, Mr. Hegar assailed the suit, calling it an attempt “to force companies to follow a radical environmental agenda that is often contrary to the interests of their shareholders.”

He added that the group had “ignored the critical role” that the oil and gas industry plays in Texas as projections about future demand continue to rise. A June report by Goldman Sachs concluded that worldwide demand for oil would grow for the next decade, an assessment it attributed to slow sales of electric vehicles and rising consumption.

[wherelibertydwells]

Maoists and Marxists big mad.

[bitchesgetriches]

What do you think of the new NY Times article about rampant deception in ESG investing? From the article, "But contrary to the spirit of E.S.G. investing (and likely unknown to most investors), the leading rating agencies are not scoring companies on their degree of environmental or social responsibility. Instead, they are measuring how much potential harm E.S.G. factors like carbon emissions have on companies’ financial performance."

I think it's fucking TRUE. And not even the entirety of the problem with ESG investing.

We just recorded an episode on this for the podcast (it'll come out in a couple weeks, my doves), so I won't spoil it. But basically, ESG is a bit like corporate greenwashing. Unless you're paying VERY close attention, it's easy to invest in ESG funds that are the exact opposite of what you value. For example: several oil and gas corporations are listed in supposedly environmentally friendly ESG funds. Yeah.

Here's the NYT article for anyone who wants to read it:

One of the Hottest Trends in the World of Investing Is a Sham

*ESG= Environmental, Social, & (corporate) Governance. Basically meant to signal an ethical company to invest in.

[gettothestabbing]

First, the good news. S&P Global, the international debt rating agency, has dropped ESG scores from the calculation it uses to assess companies’ debt risk, the Financial Times reported. The agency began including ESG scores — which launder left-wing identity politics and climate goals into corporate bureaucracies under the guise of financial sustainability — in 2021. In truly dystopian fashion, a poor score from S&P on something like insufficiently radical diversity training could make it more expensive for a company to borrow money. This incentivized conformity to left-wing ideology and punished companies who resisted. Now, the agency has announced it will replace the numerical ESG scores with “analytical narrative paragraphs,” which are a lot easier for investors to ignore. As one business professor told FT, the move was “just the latest example of a company crumpling in the face of these Republican attacks.” With backlash mounting against woke companies like Bud Light and red states investigations into S&P’s practices re-shaping the narrative around ESG, conservatives deserve to take a victory lap. Grassroots pressure combined with bold leadership certainly made a difference here. But conservatives should not confuse winning the battle with winning the war. Shortly after the announcement, Axios declared that “Corporate America is rebranding ESG.” With “165 pieces of anti-ESG legislation” introduced in Republican states, talk of ESG in corporate earnings calls has declined 64 percent since its peak at the end of 2021. But that doesn’t mean they’ve changed their minds. It just means big businesses are now being “more judicious” about how they proceed, Axios reported. For the left, judicious just means sneaky. Companies know they can no longer overtly brag about their ESG scores without facing a backlash. Nobody wants to be the next Bud Light. For non-consumer facing companies, Republican states can investigate the practices, greatly increasing the cost of doing business. But at the same time, companies can’t just abandon the theory behind ESG — it is still the guiding elite ideology of those with institutional power in Washington, on Wall Street and throughout corporate America. As a policy paper from the Committee for Economic Development notes, “[m]ost companies are pursuing ESG because their various stakeholders want them to — not because of politics.” In this new world, “CEOs” are more interested in their “responsibility to society,” while the “generational change” in employees has led to pressure from below. Additionally, “business value” is increasingly tied to “brand value” — an implicit admission that brand virtue signalling is about shoring up the bottom line. It’s hard to believe that corporate leaders really care about their social “responsibility.” Rather, ESG works as a sort of protection racket from the federal government and dominant institutional investors like BlackRock and Vanguard. The Biden administration has worked to aggressively foist ESG on companies through the Securities and Exchange Commission while vetoing Republican attempts to minimize its stranglehold over the private sector. Meanwhile, the big investment firms have shares in nearly all companies in the S&P 500, which they can use to pressure CEOs. Those who resist open themselves up to legal challenges for hurting shareholder interests, potentially risking their own careers or big money bonuses.

At the same time, many in the younger generations — which now make up much of rank and file workers  — are true believers in ESG. As the policy paper notes, younger workers are “less likely to get married early, participate in organized religion, or become active in social/rotary clubs.” Thus, they find meaning in a new type of religion. Since work is their “principal connection to society,” they then push their employers to conform to their perception of “doing good in the world.” While this is a sad account of the younger generations, it means that wokeness is deeply entrenched in the collective pysche of corporate America. Given pressure from within and without, corporate wokeness will not be rooted out so easily.  Instead, the messaging around ESG is about to get a whole lot more ambiguous and difficult to fight. Expect more talk about “sustainable investing” and fighting the “climate crisis.” Green New Deal policies will be justified under maximizing shareholder value and meeting regulatory burdens. Corporate diversity officers might be getting laid off, but companies are still gearing up to defend their affirmative action hiring decisions in light of the recent Supreme Court blow to racialized college admissions. Conservatives must be proactive as the left once again shifts the narrative on ESG. If the reaction is too slow, conservatives will lose the momentum of recent months as the left further institutionalizes its ideology. Don’t be fooled by the activist in sheep’s clothing.

[chiltern-tmc]

Chiltern TMC's ESG Reporting provides comprehensive and transparent insights into the company's environmental, social, and governance (ESG) practices. With a focus on sustainability, Chiltern TMC discloses its efforts to reduce carbon emissions, promote diversity and inclusion, and uphold ethical business practices. The report showcases Chiltern TMC's commitment to responsible corporate citizenship and highlights key initiatives aimed at minimizing their environmental footprint while fostering positive social impact.