179. The Multi-Billion Dollar Backlash Against ESG 'Woke Investing'
The Sharyl Attkisson Podcast
Sharyl Attkisson
4.9 • 1.8K Ratings
🗓️ 8 April 2023
⏱️ 35 minutes
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Summary
The multi-billion dollar backlash against "woke" or ESG investing. Subscribe to my two podcasts: “The Sharyl Attkisson Podcast” and “Full Measure After Hours.” Leave a review, subscribe and share with your friends! Support independent journalism by visiting the new Sharyl Attkisson store.
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Transcript
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| 0:00.0 | Hi everybody, Cheryl Ackison here. Welcome to another edition of the Cheryl Ackison Podcast. |
| 0:12.8 | Today we not only explain ESG of so-called Woke Investing, but you'll hear from one of |
| 0:18.7 | the national figures leading a multi-billion dollar backlash against it. |
| 0:24.2 | I'll bet you have something to say. Did you know you don't have to have any fancy equipment |
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| 0:55.6 | got their own podcast going. Download the Spotify for podcasters app or go to Spotify.com slash |
| 1:03.0 | podcasters to get started. A lot of people have heard about ESG investing, environmental social and |
| 1:11.0 | governance investing, but I don't think we in the media are always doing a great job explaining |
| 1:16.0 | and reporting on it and I myself didn't fully understand until I started researching it and |
| 1:21.4 | that's why I recently did a story about this on my TV program full measure. As a term ESG seems to |
| 1:28.5 | have originated at the United Nations in a 2000 report entitled Who Cares Wins Recommendations by |
| 1:35.4 | the Financial Industry to better integrate environmental social and governance issues. |
| 1:41.5 | I think this is a great lesson in how all of these woke efforts and advocacy efforts have |
| 1:48.4 | permeated pretty much every aspect of our life certainly in terms of what we see in the media, |
| 1:54.8 | our education, our political institutions, our financial institutions. This is an organized |
| 2:00.8 | effort and I'll be reporting on that in the coming months on full measure. But ESG investing |
| 2:07.3 | frequently boils down to big banks and investment firms using their power to support left |
| 2:13.4 | leaning positions on social and environmental issues like global warming and it rarely if ever |
| 2:20.1 | equates to promoting conservative points of view. My story on full measure looked at more than |
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