ESG funds are a type of investment fund that is dedicated primarily to social justice: Environmental sustainability, Social issues and Governance issues. https://investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp
In the 2010s Obama did a Labor Department regulation that allowed 401ks and to invest in ESG funds, which was a sea change. Suddenly, corporations were raising hundreds of billions of dollars to pursue social agendas. https://www.dol.gov/sites/dolgov/files/EBSA/about-ebsa/our-activities/resource-center/fact-sheets/etis-and-investment-strategies-that-consider-esg-factors.pdf
By 2025, ESG funds will total over $50 trillion globally. https://bloomberg.com/professional/blog/esg-assets-may-hit-53-trillion-by-2025-a-third-of-global-aum/
Companies like Hasbro use ESG funds, but say a company whistleblower who exposed a Critical Race Theory employee training video “mischaracterizes” their “values”. https://boundingintocomics.com/2021/07/22/hasbro-suspends-critical-race-theory-training-whistleblower-claims-recent-leak-mischaracterizes-our-values/
But a quick look at the company’s Corporate Social Responsibility sections of its 2020 annual report reveals its numerous ESG and diversity and inclusion agendas, including racial and gender-based hiring quotas. https://investor.hasbro.com/static-files/500c9a4b-eaa0-44e4-9277-cb95e99a6927#page=5
Disney is no better. It’s not the Walt Disney Company, it’s the Woke Disney Company, with part 1, page 1 of its annual report similarly on the ESG goal of diversity and inclusion. https://thewaltdisneycompany.com/app/uploads/2021/01/2020-Annual-Report.pdf#page=4
And why wouldn’t they, with hundreds of billions of dollars pouring into these companies’ coffers? Wall Street doesn’t need to make a profit, per se, it needs to change the world, for better, or for worse.
ESG is a leviathan, the goal of which is to leverage institutional control over almost all global capital in pursuit of social justice. Privately held is the only way to protect IPs or anything else. The moment somebody goes public, SJWs will infiltrate and destroy. #Comicsgate
