ESG Score: A measure of a company’s exposure to long-term environmental, social and governance risks.
Joseph Robinette Biden Jr. recently spoke to the nation in Philadelphia, Pennsylvania. One of the items Biden did not discuss is his active support of the “great reset” which is the globalists’ war against humanity.
A key component of that war against the common man is to eliminate capitalism and replace it with a new “stakeholder” doctrine for businesses globally and in the U.S. This model is based upon the need to attain environmental, social and governance scores that fully supplant capitalism and replace it with a one world governance based on big government, i.e. Socialist, Communist, ideals.
ESG scoring’s goal is to fundamentally transform the role of every company from a shareholder focus (capitalism) to a single stakeholder decree (the government).
According to the Heartland Institute,
Klaus Schwab and a growing list of powerful global economic and political elites, including BlackRock CEO Larry Fink and President Joe Biden, have recently committed to a global “reset” of the prevailing school of economic thought. They seek to supplant the entrenched “shareholder doctrine” of capitalism, which—as Milton Friedman famously espoused over 50 years ago—holds that the only purpose of a corporate executive is to maximize profits on behalf of company shareholders.
This effort to fundamentally transform global economics via the cooperation of major corporations and state legislatures is an existential threat to every American’s Constitutional rights of life, liberty and the pursuit of happiness.
The Heartland Institute explains,
To replace shareholder capitalism, Schwab, Fink, Biden, and a legion of their peers have promulgated a nouveau “stakeholder doctrine,” commonly referred to as “stakeholder capitalism.” This approach, which aims to harness the growing clamor for more socially conscious corporate decision-making, authorizes, incentivizes, and even coerces corporate executives and directors to work on behalf of social objectives deemed by elites to be desirable for all corporate stakeholders—including communities, workers, executives, and suppliers.Environmental, social, and governance (ESG) scores—a social credit framework for sustainability reporting—are being used as the primary mechanism to achieve the shift to a stakeholder model. They measure both financial and non-financial impacts of investments and companies and serve to formally institutionalize corporate social responsibility in global economic infrastructure.
We recently reported on an armed raid by the U.S. Marshal Service on an Amish farm in Bird-in-Hand, Pennsylvania. The farm is owned by independent business owner Amos Miller who produces organic meats and vegetables and sells and ships his products directly to his 4,000 customers across America. The reason given for the raid was that Amos was “not using GMO drugs” to grow his produce and raise his livestock.
In other words Amos Miller was totally in line with the environmental component of ESG because Miller, who has been farming for 25 years, uses no electricity, no fertilizer, and no gasoline. Because of his totally organic and ecofriendly mantra he has tremendously impressive crop yields using only the oldest of methods, his products are totally organic.
So, why raid Amos Miller’s farm?
Because he does not comply with the social and governance components of ESG. You see Amos is Amish and the Amish want little to do with governance or regulations and they have their own social code, Christianity, which flies in the face of Biden’s globalist agenda.
Watch Tucker Carlson discuss the U.S. Marshal’s raid on Amos’ farm for not following government regulations “endocrine disrupting chemicals, GMO drugs.”
Because Amos refused to follow Biden and the globalists nouveau “stakeholder doctrine” his farm was shut down and he has been fined $300,000 for disobeying the globalist agenda.
According to the Heartland Institute,
Environment, social, and governance scores are theoretically supposed to incentivize “responsible investing” by “screening out” companies that do not possess high ESG scores while favorably rating those companies and funds that make positive contributions to ESG’s three overarching categories. A company’s ESG score has become a primary component of its risk profile.
Amos does not make positive contributions to two of ESG’s three overarching categories. Hence Amos must be destroyed as an enemy of ESG.
The Bottom Line
According to the Heartland Institute’s Anti-ESG Action Map:
- Maine’s legislature has enacted pro-ESG laws.
- California, Hawaii and Maryland have pro-ESG legislation pending.
- Vermont, Virginia, and New Mexico have defeated pro-ESG legislation.
- Utah, Oklahoma, Texas, Kentucky, West Virginia, Tennessee, Florida have enacted anti-ESG legislation.
We are seeing major corporations voluntarily going pro-ESG from car manufacturers producing all electric vehicles to companies like Disney, Apple, Mastercard and social media platforms like Facebook, Twitter, and LinkedIn going pro-ESG.
In the Feb. 22, 2022 Bloomberg Law article Who Regulates the ESG Ratings Industry? Kurt Wolfe reported,
The SEC is keenly aware of investor demand for ESG information, and ESG disclosures count among SEC Chair Gary Gensler’s regulatory priorities. But the SEC is unlikely to make sweeping changes to its decades-old, materiality-based disclosure framework just to accommodate investor demand. The SEC will likely require “climate risk disclosures” soon, and it may tack on other reporting requirements (like “human capital” metrics), but there is little appetite for overhauling the system.
QUESTION: Will the 87,000 newly armed and authorized to use deadly force IRS Agents be the enforcers of ESG Ratings?
That is the question, isn’t it.
The Democrat Party is pro-ESG which fits its equity, diversity and inclusion agenda.
ESG is the global strategy to destroy Western Civilization and with it our Constitutional Republican form or government.
ESG is the head of the globalist snake called the great reset.
Go ESG or you will be raided and watch your business die!
©Dr. Rich Swier. All rights reserved.
The Fight Against ESG Is Gaining Momentum – Jack McPherrin, Western Journal, August 9. 2022
Gov. DeSantis Declares War on Environmental, Social, and Governance Investing Scam – Chris Talgo, Townhall, July 29, 2022
The White House’s Secret Meetings With BlackRock Are a Major Threat to Freedom – Justin Haskins, RedState, June 28, 2022
Kentucky Attorney General: ESG Investing Is ‘Inconsistent with Kentucky Law’ – Chris Talgo, Townhall, May 28, 2022
A Global ESG System Is Almost Here: We Should Be Worried – Jack McPherrin, The Epoch Times, May 31, 2022
ESG Scores Similar to China’s Social Credit System, Designed to Transform Society – Teny Sahakian, Fox Business (featuring Justin Haskins), May 18, 2022
How the ESG Movement Is Shooting Itself in the Foot – Bette Grande, American Thinker, May 12, 2022
ESG Ratings Are Counterproductive, Hypocritical, and Anti-American – Jack McPherrin, Human Events, April 29, 2022
Mastercard: ‘ESG Goals Will Now Factor into Bonus Calculations for All Employees’ – Chris Talgo, Townhall, April 26, 2022
The ESG Movement Is Even Worse Than You Think – Bette Grande, Human Events, April 12, 2022
Debunking the Media’s Lies About ESG Social Credit Scores and the Great Reset – Glenn Beck and Justin Haskins, The Blaze, March 30, 2022
The Environmental, Social, and Governance Threat – Bette Grande, Issues & Insights, March 23, 2022
ESG Standards Are Predicated on Cronyism – Bette Grande, RedState, March 15, 2022
What Are ESG Scores? – Jack McPherrin, RedState, March 2, 2022
Why banks are fighting ESG legislation – Bette Grande, American Thinker, February 23, 2022
Public Pension Plans Are the Wrong Place for Public Policy Experiments – Bette Grande, Red State, February 16, 2022
Socialist Squad Members Demand SEC Implement ‘Climate Rule’ – Chris Talgo, Stopping Socialism, February 16, 2022
11 things you can do to help stop the Great Reset – Glenn Beck, Justin Haskins, Stopping Socialism, February 1, 2022
“ESG” = Extreme Shortages Guaranteed! – Ronald Stein, P.E., The Heartland Institute, January 26, 2022
What Is Wrong With “ESG” Wokeism – Heartland Daily News, October 8, 2021
Report: ESG Funds Are Riskier Than Others – Eileen Griffin, Environment and Climate News, September 28, 2021
Woke Companies Must Wake Up on ESG – Paul Driessen, The Heartland Institute, September 8, 2021
SEC Considering ESG Disclosure Mandates for Advisory Firms – Eileen Griffin, Environment and Climate News, July 28, 2021
House Passes Bill to Mandate ESG Disclosures – Kevin Stone, Environment and Climate News, July 13, 2021
Texas Rejects ESG Investing As Movement Grows – Eileen Griffin, Environment and Climate News, June 28, 2021
How the European Union Could Soon Force America into the ‘Great Reset’ Trap – Justin Haskins, Stopping Socialism, June 22, 2021
Heartland’s Work on ESG
Testimony Before the New Hampshire Senate Commerce Committee Regarding HB 1469
Bette Grande, April 12, 2022
Testimony Before the Missouri Senate Small Business and Industry Committee Regarding SB 1171
Bette Grande, March 22, 2022
Testimony Before the Tennessee House Finance, Ways and Means Committee Regarding HB 2672
Bette Grande, March 9, 2022
Testimony Before the Kentucky Senate Natural Resources & Energy Committee Regarding SB205
Bette Grande, March 2, 2022
Testimony Before the Tennessee Senate State and Local Government Committee Regarding SB 2649
Bette Grande, March 1, 2022
Testimony Before the Wyoming Senate Appropriations Committee Regarding SF0108
Bette Grande, February 24, 2022
Testimony Before the Wyoming Senate Appropriations Committee Regarding SF0108 – Supplemental Testimony
Bette Grande, February 24, 2022
Testimony Before the Vermont General Assembly Senate Committee on Government Operations Regarding S.251
Bette Grande, February 22, 2022
Testimony Before the Arizona House Commerce Committee Regarding House Bill 2656 – Supplemental Testimony
Bette Grande, February 15, 2022
Testimony Before the Arizona House Commerce Committee Regarding HB 2656
Bette Grande, February 15, 2022
Testimony Before the Virginia General Assembly Senate Finance & Appropriations Committee Regarding SB 213
Bette Grande, February 10, 2022
James Taylor, January 25, 2022Testimony Before the Indiana House Financial Institutions and Insurance Committee Regarding HB 1224
Bette Grande, January 22, 2022Testimony Before the Indiana House Financial Institutions and Insurance Committee Regarding HB 1224 – Supplemental Information
Bette Grande, January 22, 2022