Hmmm: Vanguard quits ESG group

The “Big Three” (BlackRock, Vanguard, and State Street) can cast nearly 25% of the votes in any director election at S&P 500 companies. The departure has significant implications for the American economy.

Advertisement

Detaching investment from forced social and sustainability policies (not based on market needs or scientific fact) will help prevent the erosion of American independence in many areas….including energy, social decisions, and business choices that will allow for expansion and innovation. Millions of families, including mine, have Vanguard assets as part of their financial portfolios. …

As an environmental health and safety professional, ESG does nothing meaningful to control pollution, improve the environment, or contribute to employee satisfaction at work. If anything, it’s a distraction from real work that needs to be completed.

Join the conversation as a VIP Member

Trending on HotAir Videos

Advertisement
Advertisement
Advertisement