Woke capital using ESG to circumvent Congress, Republicans warn
Republicans are attempting to curtail the influence of environmental, social, and governance standards, which activists frequently use to pressure companies into promoting a variety of leftist political causes.
One-third of investment assets in the United States are now managed using ESG criteria, MarketWatch reported in November 2020. As of 2020, 3,038 investors, together representing over $103 trillion, had signed on to the United Nations’s Principles for Responsible Investment, a commitment to incorporate ESG into company practices.
