Should we believe big investment companies who claim they care deeply about the environment? What about the loudest activist voices who say they care, like Al Gore and Greta Thunberg?…
In the October/November 2022 issue of “Capital Research,” BlackRock gets the “greenwashing” treatment, and a high school teacher exposes critical race theory in her school. Robert Stilson explores the role…
The power of the ESG—environmental, social, and corporate governance—investing movement is propelled by powerful allies among funds managers, perhaps none more prominent than BlackRock, which manages over eight trillion dollars…
ESG activism refers to individuals and organizations that advocate for environmental, social, and corporate governance (ESG) criteria as part of evaluating business operations. ESG considerations can be employed as a…
Depending on your appetite for cynicism, greenwashing is either the mortal enemy or the duplicitous ally of the environmental, social, and corporate governance (ESG) movement. ESG was created by activists…
In May 2021, with BlackRock's support Engine No. 1, a tiny hedge fund few had then heard of, won three seats on the 12-member board of Exxon. These new board…
In July 2022, BlackRock reported "a sharp drop in its support for environmental and social-related shareholder resolutions." Context is important. That same month BlackRock announced that it had lost $1.7…
The membership network of the Ellen MacArthur Foundation (EMF) includes more than 200 corporations, governments, funders, and other familiar entities. EMF claims to be dedicated to conservation and protecting the…
The U.S. Securities and Exchange Commission has proposed a rule that would require public companies to regularly disclose certain climate-related information, including their greenhouse gas emissions. The rule is controversial,…
Driving quickly to “zero carbon” requires the energy equivalent of a Corvette. The RE100 folks want to get there with a Trabant, an option so unreliable it is unlikely to…