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November 22, 2024

Corporations need a road map to come back from wokeness – March 27, 2023 at 03:52AM

The tide is turning against woke agendas in corporate America. Just recently , Vanguard’s CEO Tim Buckley announced that his investment firm – the largest or second largest in the world (depending on how you measure it) – will no longer be committed to Environmental, social, and governance (ESG) or other “net-zero” initiatives. “Our research indicates that ESG investing does not have any advantage over broad-based investing,” he said in a recent interview. This comes after Buckley had previously withdrawn Vanguard from the Net Zero Asset Managers Initiative. This initiative, which garnered $59 trillion in commitments from corporations around the…

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