ESG: Woke To Broke
5-Minute Videos | PragerU
PragerU
4.8 • 6.9K Ratings
🗓️ 22 October 2021
⏱️ 6 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hi everybody, it's Omelette Pinobi, PragerU's newest personality. |
| 0:03.2 | Now, if you're subscribed to PragerU, you've probably seen my face on the videos, but |
| 0:06.8 | if you want to hear more from me, I do a daily podcast with Will Whit, called Will in Omelette |
| 0:11.2 | Live, where we talk about current events, pop culture, and just what's generally in the |
| 0:15.3 | news that day. |
| 0:16.3 | Tune in on weekdays at 5.30 Eastern, 2.30 Pacific on YouTube, Facebook, or Twitch, or subscribe |
| 0:21.6 | on Spotify, Apple, or Google Play, and never miss an episode. |
| 0:25.6 | Why do millions of people invest in retirement accounts? |
| 0:28.7 | Well, the answer is obvious, to have money to live on when you're no longer working. |
| 0:33.4 | The best way for those accounts to grow is to invest in companies to make a profit. |
| 0:38.8 | Less profit for those companies means less money for retirement. |
| 0:42.9 | That might seem like common sense, but it's becoming less common, thanks to a new investment |
| 0:48.6 | strategy called ESG. |
| 0:51.0 | ESG stands for Environmental, Social, and Governance. |
| 0:55.2 | If you're wondering what that means, you're not alone. |
| 0:58.2 | Generally it means that a company's first concern should no longer be how much money it |
| 1:02.8 | makes, but rather, how much social good it does. |
| 1:07.3 | In other words, get woke or get shamed. |
| 1:10.6 | If you're an oil company, for example, you're out of luck, because by the nature of your |
| 1:14.7 | business, it's assumed you're destroying the planet. |
| 1:18.1 | Never mind that you're powering homes and hospitals, that doesn't count. |
| 1:21.8 | In fact, if you're a company just trying to make a profit, you're the problem. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from PragerU, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of PragerU and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

