After distancing themselves from the term Environmental, Social, and Governance (ESG), corporations and investment firms have begun sneaking in new terms After distancing themselves from the term Environmental, Social, and Governance (ESG), corporations and investment firms have begun sneaking in new terms like “climate transition” and “green economy” to push the same policies without the negative attention.
The number of times that C-Suite executives mention ESG in memos and documents has plummeted immensely over the last several months. There were only nine mentions of the term among all S&P 500 companies’ earnings calls over the last few weeks , down from 74 in the first quarter of 2023 and down from its peak of 156 mentions in Q4 2021.
As Valuetainment previously reported , BlackRock CEO Larry Fink, who was a major proponent of ESG the movement, began to distance himself from the “weaponized” term in June 2023 amid center-right and […]
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