[LI] SEC is trying to address "greenwashing" and "climate washing" manipulations as investors strive to make profits. Meanwhile, billionaire Bill Gates is slamming the brakes on climate panic.
The last time I reported on environmental, social, and corporate governance, BlackRock Chief Executive Officer Larry Fink, whose firm has attempted to foist these standards on the global business community, had stopped using the term, whining it has become too politicized.
Now, the Securities and Exchange Commission has announced a rule that may pull the curtain back on the content of these funds, which may drive a stake through the heart of ESG inanity. |