GOP Governors Align to Oppose 'ESG' Investing

    Photo: cnn

    The Facts

    • Nineteen GOP governors, led by Florida Gov. Ron DeSantis, on Thursday announced in a joint press release their opposition to an investing strategy known as ESG ["Environmental, Social and Governance"].

    • ESG is an acronym for prioritizing environmental, social, and governance when investing — a philosophy that has drawn much criticism from conservatives in the US.

    The Spin

    Republican narrative

    ESG is a dangerous menace to America, as it weaponizes investments against citizens through woke ideology. Leaders and residents of all freedom-loving states should do whatever’s necessary to prevent its harmful proliferation.

    Democratic narrative

    This is just another misguided shot in the Republicans’ war against so-called woke culture. ESG investing has been around for decades, and it aims to hold to account investors and managers of companies that have negative health or environmental impacts on society.

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