The plan: ESG funds will invest in defense companies to make the weapons required to fight wars with hostile regimes we buy energy from, because ESG funds won't invest in energy companies.
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The plan: ESG funds will invest in defense companies to make the weapons required to fight wars with hostile regimes we buy energy from, because ESG funds won't invest in energy companies.
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Pre WW2, Department of Defense was named Department of War. To be ESG compliant, defense companies will now be called Peace Companies.
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It’s an ideological cartel that has lost its mind. We need some actual competition in the marketplace of ideas to break it up.
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Wonder what larry fink thinks of this. The only reason he has so much power btw is bc his funds are like 2% easier / cheaper to trade than their alternatives which is why we use them on the street. Not bc ppl actually invest with him and subscribe to his religion.
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