ESG stands for “environmental, social, and governance.”
The [West Virginia] state Treasurer’s Office is informing five of America’s largest investment companies that they are ineligible for some West Virginia contracts over their environmental policies.
State Treasurer Riley Moore concluded that BlackRock, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are engaged in boycotts of fossil fuel companies and are no longer eligible to enter into state banking contracts with the Treasurer’s Office.
Sources:
https://twitter.com/RileyMooreWV/status/1552684284904890369.
Social Media.
https://wvmetronews.com/2022/07/28/treasurer-puts-financial-giants-on-list-of-fossil-fuel-boycotters-severing-banking-relations/.
General Website Link.
https://www.foxbusiness.com/politics/republican-states-planning-assault-woke-banks-wont-do-business.
News.
https://www.bitchute.com/video/bfU2tgZVQ1vV/.
Video.
https://www.diligent.com/insights/esg/.
General Website Link.
Related:
https://www.theblaze.com/op-ed/roth-how-to-research-your-banks-esg-activity.
News.
Government, PDF.
https://www.bitchute.com/video/VP83kJdMAT5k/.
Video.
This is somewhat of a fringe topic for this site. It is related because banks have jumped on the bandwagon of environmental and social score evaluation. For an example of how this relates to the pandemic, consider financial actions taken against those funding the trucker protest in Canada.