Global ESG investments PLUNGED 76 percent with NEGATIVE returns on investment

[excalibur]

While destroying pensions and retirement funds in their name.

Fiduciary responsibility? We don't need any fiduciary responsibility.

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Even the Harvard Business Review admitted investors in ESG have "not fared well":

ESG funds certainly perform poorly in financial terms. [...] Although the highest rated funds in terms of sustainability certainly attracted more capital than the lowest rated funds, none of the high sustainability funds outperformed any of the lowest rated funds [bolded added]. That result might be expected, and it is possible that investors would be happy to sacrifice financial returns in exchange for better ESG performance.

The Harvard Business Review went on to say that ESG funds don't even benefit the environmental and social causes they tout to defend. In fact, when comparing environmental and social compliance between ESG and non-ESG funds, the
"ESG portfolios had worse compliance record for both labor and environmental rules" than their non-ESG competitors.

Let that sink in. ESG funds not only financially underperformed when compared to their non-ESG competitors. They failed to secure the very environmental and social compliance that is central to their original purpose. Missionally, practically, and financially, ESG failure is astounding.

As Glenn has long warned, the only thing that investment firms and governments should be taking into consideration regarding YOUR money is how they can get the best possible return on YOUR investment. We are seeing the detrimental consequences of what happens when woke ideology becomes the basis of investment rather than the recipient's monetary value.

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Global ESG investments PLUNGED 76 percent with NEGATIVE returns on investment

Glenn has been one of the most outspoken critics of the use of ESG by globalist elites to force businesses to comply with their woke agenda. It turns out, not only is ESG bad political practice—it's bad for your wallet too. Global Investments in ESG Funds PLUNGED 76 percent globally in 2022 from...

www.glennbeck.com

 

[Resnic]

While destroying pensions and retirement funds in their name.

Fiduciary responsibility? We don't need any fiduciary responsibility.

...

Even the Harvard Business Review admitted investors in ESG have "not fared well":



The Harvard Business Review went on to say that ESG funds don't even benefit the environmental and social causes they tout to defend. In fact, when comparing environmental and social compliance between ESG and non-ESG funds, the
"ESG portfolios had worse compliance record for both labor and environmental rules" than their non-ESG competitors.

Let that sink in. ESG funds not only financially underperformed when compared to their non-ESG competitors. They failed to secure the very environmental and social compliance that is central to their original purpose. Missionally, practically, and financially, ESG failure is astounding.

As Glenn has long warned, the only thing that investment firms and governments should be taking into consideration regarding YOUR money is how they can get the best possible return on YOUR investment. We are seeing the detrimental consequences of what happens when woke ideology becomes the basis of investment rather than the recipient's monetary value.

...​

​

​

​

Global ESG investments PLUNGED 76 percent with NEGATIVE returns on investment

Glenn has been one of the most outspoken critics of the use of ESG by globalist elites to force businesses to comply with their woke agenda. It turns out, not only is ESG bad political practice—it's bad for your wallet too. Global Investments in ESG Funds PLUNGED 76 percent globally in 2022 from...

www.glennbeck.com

Doesn't matter. The world economic forum will continue to push and force this in countries.

Here's why we must still focus on ESG, despite the backlash

2022 saw increased scrutiny of using environmental, social and governance metrics. But we must not lose sight of ESG as it is key to a sustainable future.

www.weforum.org

Esg is their tool to get inside the fiber of countries being and to impose their will on people indirectly through corporations.



Esg is critical to globalists to get a foothold and control of people and governments. It is literally a trojan horse.

 

[TroglocratsRdumb]

ESG looks like it could be used for investment fraud by the corrupt Democrats