Well, ESG stands for Economic, Social and Governance and it’s a WEF (World Economic Forum) initiative. They took it upon themselves to introduce this ESG to identify a set of universal metrics and disclosures.
I’m not against the values of ESG what I am against is the huge amount of money being poured into ESG under false pretences it is just a control measure giving higher scores to companies and countries donating to one side of the political spectrum (the Extreme Left)
Sri Lanka is a country with one of the highest ESG scores of >98% yes that’s the Sri Lanka that is now a Failed State and absolute basket case. In April 2021 it helped the ESG score tremendously that Sri Lanka banned all chemical fertilizers and it put the final nail in their coffin. With no fertilizers rice production dropped by 50 % I can almost hear the technocrats saying “let them eat cake”
It is going to become mandatory according to the WEF for all businesses in 2023 helped on its merry way by BlackRock’s (the world’s largest investment company) huge financing
The WEF are Technocrats not voted in but who have bought their way into power.
With both the political and financial controls in one basket it gives cart blanche to write any laws they wish.
I don’t want more laws dictating what I can say or think I don’t want the WEF technocrats to have a bigger say than Governments who were voted into their position by a public that can vote them out
ESG worth learning more about?
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