ESG Scores

The stock market is about to get even more unfair for the retail investor with the full integration of environmental, social and governance (ESG) scores that are absolutely wrought with fraud.

- What’s the company’s carbon footprint?

- How many black ppl are in middle management?

- Do they have a trans guy?

Auditors, bond raters, etc. will now be judging and advising companies on these issues.

ESG *will* be a tool for the elite to get richer. CEOs already use ESG to make bonus goals without making their companies more profitable.

You can’t measure the financial impact of having 1 more black person in management or by reducing your carbon footprint by 2 tons/yr. And, if you could, those things don’t make a company more profitable. Yet, you can tie exec compensation to ESG.

They are metrics that are (1) easy to manipulate, (2) hard to tie to profitability and (3) will be fiercely defended by the pronoun brigade in DC. And the elite know this.

Everyone will get rich off this except retail investors and consumers/customers will get whacked as usual. 

https://www.wsj.com/articles/wall-streets-green-push-exposes-new-conflicts-of-interest-11643452202

Of course, Larry (The Rat) Fink is pushing this scam big time. It always amazes me how few people actually know how social engineering works, who is behind it and why.

Anyhow, good read from Patrick Wood as usual @technocracy.news/esg-scoring/3-3-2022

"ESG is a globalist SCAM. It is designed to drive investments and company's operating policies into Sustainable Development, aka technocracy. Next up will be ESG for individuals."

"ESG has been linked to a globalised social credit scoring system for business. If you have a high ESG score, it will be easy to qualify for credit and participate in the global supply chain. ESG concerns itself with intangible factors such as how closely you, your vendors and customers adhere to Sustainable Development and Climate Change policies."

The Climate Change HOAX + Social Credit Scores = The Climate crime cartel's wet dream.

@I_Need_A_Detox

 We live in the internet age. Record IPOs are set and billions are moved on companies that never become profitable. Most who do become profitable only do so by the selling users personal data. And as far as exec compensation, a board is free to set whichever goals it please, and utilize whatever means they please when deciding exec compensation. It's up to investors to do their own due diligence.

Oh look. Another boxed thread censored for Orwellian "wrong think" = The Truth. Oh my.

BLACKROCK'S FINK SAYS INVASION of UKRAINE "ACCELERATES" ESG and DIGITAL CURRENCIES SHIFT.    activistpost.com/3-24-2022

"Fink told shareholders that Russia's invasion of Ukraine would fundamentally reshape the world economy and drive up inflation as supply chains are reconfigured. Today's inflationary environment, teetering on the verge of stagflation, has put the Central Bank in difficult decisions about how fast to raise rates."  

"His letter to shareholders was focused on the firm's ESG and Green technology commitments. The invasion will actually accelerate the shift toward greener sources of energy in many parts of the world, because higher fossil fuel prices will make the transition of renewables financially competitive."

"Black rock is the world's largest asset manager which has pushed "ESG" policies that harm American fossil fuel companies, basically following the WEF's script."

"On digital currencies: Fink said the Ukrainian conflict has the potential impact on accelerating digital currencies. CBDC's can enhance the settlement of international transactions while reducing the risk of money laundering and corruption."

Oh yea. Let's trot out the old "we're fighting money laundering and corruption excuse" in order to install our Trojan horse "solutions" to further the Globalist tools of enslavement over humanity. When a top line psycho-predator like Fink speaks - you better pay attention to the agenda! 

@mctrap

 I couldn't agree with you more