The Social Responsibility of Business is Wealth Creation

10/6/22

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from TPPF,

10/5/22:

What to Know: Woke “environmental, social and governance” (ESG) investing is distracting money managers from their duty—to create wealth.

The TPPF Take: Americans are waking up to woke politics in their pension plans.

“The ESG movement wrongly bullies corporations into ignoring their duty to provide profitability for shareholders, in order to appease a vocal minority of progressive activists,” says TPPF. “And some major firms, like BlackRock, are capitulating.”

More From TPPF:

Investor’s Duty