The ESG Movement Is a Ripe Target for Antitrust Action
Its proponents are colluding to reduce competition and restrict the supply of oil and gas.
ESG Crusade On Backburner As World Grapples With Energy Crisis
The ESG investment momentum has run up against energy supply disruptions since the Russian invasion of Ukraine.
Lip Gloss, Potato Chips, Air Fresheners Are Among the ‘Essentials’ Still Sold in Russia
Consumer-product giants continue stocking shelves with goods such as ice cream and natural facial cleansers after vowing to limit sales to necessities.
Zelensky blasts Nestlé for doing business in Russia amid Ukraine war
Ukrainian President Volodymyr Zelensky blasted Swiss food and beverage giant Nestlé for maintaining business ties to Russia despite its invasion of his country.
Burger King’s Russia partner claims he has no authority to close 800 stores
Burger King’s key partner in Russia says he lacks the ability to close approximately 800 stores following the invasion of Ukraine — pushing back on a claim from the fast-food chain’s US corporate leadership that he had “refused” its request to shutter the locations.
Koch Industries staying in Russia, says leaving would ‘do more harm than good’
Koch Industries plans to maintain its business operations in Russia, breaking with other companies that hastily exited the country following the Kremlin’s unprovoked invasion of Ukraine, the company confirmed this week.
ESG, Russia . . . and China
The exposure of ESG investors to Russia has already proved something of an (expensive) embarrassment.
Disney Suspends Business in Russia But Continues Cozy Relationship with Communist China
“HR departments are largely responsible for the spread of social justice employee programs, including these Critical Race Theory trainings that abound across corporate campuses as much as they do on college campuses these days. Disney is at the leading edge of this nonsense,” said Justin Danhof, Esq., executive vice president of the National Center for Public Policy Research.
Ukraine’s Marta Kostyuk slams tennis response to Russian invasion
Ukraine’s Marta Kostyuk slams tennis response to Russian invasion Ukraine’s Marta Kostyuk lashed out Thursday at the tennis world’s response to the Russian invasion of her homeland, saying anti-war platitudes weren’t enough for a country plunged into turmoil and fear. Read more... Photo credit: Getty Images
Over 300 Companies Have Withdrawn from Russia—But Some Remain
Over 300 Companies Have Withdrawn from Russia—But Some Remain Since Putin's devastating invasion of Ukraine began, over 340 companies have announced their withdrawal from Russia - but some companies have continued to operate in Russia undeterred. The list is updated every hour by Jeffrey Sonnenfeld and his research team at the Yale Chief Executive Leadership Institute to reflect new [...]
Elon Musk, Marc Andreessen mock ESG investing
Elon Musk: ESG rules 'have been twisted to insanity'.
China calls Russia its chief ‘strategic partner’ despite war
China calls Russia its chief ‘strategic partner’ despite war China’s foreign minister on Monday called Russia his country’s “most important strategic partner” as Beijing continues to refuse to condemn the invasion of Ukraine despite growing pressure from the U.S. and European Union to use its influence to rein Moscow in. Wang Yi said Chinese ties with Moscow constitute “one [...]
Mastercard and Visa block in Russia does not stop domestic purchases
Impact of US card giants’ move diluted after local Mir payment system clarifies ban only affects foreign transactions.
How did ESG funds wind up investing in Putin’s Russia?
An investing movement that promotes itself as a protector of people and the planet has somehow found itself providing capital to the autocratic regime behind Europe’s worst military conflict since World War II.
ESG May Be an Antitrust Violation
The biggest antitrust violation in history may be in plain sight. Wall Street banks and money managers are bragging about their coordinated efforts to choke off investment in energy.