ESG, or Environmental, Social, and Governance, is a term used to describe a set of non-financial criteria that investors use to evaluate a company’s performance. While the “idea” behind ESG is to encourage companies to behave in a more responsible and sustainable manner, in reality, it is a leftist agenda disguised as a set of ever-changing rules, objectives, and ratings that companies are supposed to pursue instead of maximizing shareholder value. Basically, ESG is a scam designed to transfer money from capitalists to socialists.
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