ESG Investing Results: Go Woke, Go Broke

Science Matters

This post has two parts.  First, an update on how nations pursuing high ESG scores have destroyed their prosperity.  Second, an interesting effort by a Canadian MP to empower shareholders against woke managers following the ESG pied piper.

Capital Activist poster.

Gabriella Hoffman writes at Townhall ESG’s Toxic Brand Isn’t Salvageable.  Excerpts in italics with my bolds and added images.

As American consumers and investors start souring on Environment, Social, and Governance (ESG) principles being injected into both the public and private sectors, its loudest defenders say a rebrand will salvage its toxic image.

Its dedicated followers reassure us the product they’re selling — forcibly aligning business values with progressive virtue signaling — is good and noble. They tell us, however, that it’s just not sold well, despite being a popular set of beliefs.

Conceived in October 2005 at a U.N. Who Cares Wins Conference, this pervasive movement has glitzy…

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