Yeah, they made a lot of pledges initially, but, were they really serious, or simply placating the cultists?
Some Wall Street giants, many of which have spent the last few years pledging to fight climate change through corporate responsibility, are now retreating from some of their environmental initiatives.
Large financial institutions including investment bank JPMorgan, asset manager State Street, and investment management firm Pimco have in the last few days pulled out of Climate Action 100+, a group of hundreds of institutional investors that collectively push large companies to address climate issues.
The departures are a stark change for finance firms that have previously spent years working to improve their public images by loudly championing the fight against climate crisis, The New York Times reported.
Indeed, big banks and asset managers previously built up teams in a bet that environmental, social, and governance (ESG) investing was a good bet — both morally and economically.
Yeah, that was fun for a while for them, but, then they came back to reality and realized their purpose was to make money
In recent months, however, many financial intuitions have come under more fire from Republicans criticizing their climate work, framing it and other ESG initiatives as “woke capitalism,” Politico reported. Regulators, meanwhile, have begun looking more closely at firms offering ESG products.
Other concerns included that clients may disapprove of the work and sue, or that this many large companies working together to pressure change in other companies could fly in the face of antitrust regulations, the New York Times said.
Doing the ESG thing sounds great, but, most of the high mucky-mucks in the companies rarely practice what they preach, and it is mostly BS greenwashing.
Other finance giants have similarly stepped back from previous environmentally friendly initiatives, The New York Times reported. They include BlackRock, which scaled back its participation with Climate Action 100+ in recent weeks, as well as Bank of America, which walked back a pledge to stop financing coal.
If it doesn’t help the companies make money it’s kinda worthless.
Hugh Hewitt Re-Post: Morning Glory: Putin’s next victim
https://commoncts.blogspot.com/2024/02/hugh-hewitt-re-post-morning-glory.html
Got it. Hugh Hewitt believes that it’s President Biden’s fault that Trump’s buddy Putin murdered Mr Navalny.
In other news…
Denis Voronenkov, a former Russian pro-Putin lawmaker who had switched sides and fled to Ukraine, was shot dead in Kyiv in 2017.
In 2018, former Russian intelligence officer Sergei Skripal and his daughter Yulia survived after being poisoned in the U.K. with Novichok. Dawn Sturgess, a British citizen, accidentally came into contact with the poison and died as a result.
In 2018 journalist Orkhan Dzhemal, film director Alexander Rastorguyev and cameraman Kirill Radchenko were killed in the Central African Republic while investigating Wagner mercenaries there.
Two other critics of Putin – columnist Yulia Latynina and activist Pyotr Verzilov – survived poisoning attempts in 2017-2018.
Not just Wall street backing away from Climate Change promises. They are also backing away from New York state and California. According to Billionaire investor and media Mogul Kevin O’Leary, NY is a loser state. After their persecution of Trump, they now fear that ALL of them are equally at risk of arbitrary and capricious fines by the state if State officials don’t agree with the political stances of company management. The Governor responded, with words to the effect of “nothing to fear, we only did this against Trump. The rest of you are safe”. The Billionaires are not convinced and have stated very clearly they would not be investing anywhere in NY going forward.
Right-winger and media Muggle Keven O’Leary likes American largesse but not enough to be an American.
What happened to the Canadian O’Leary and his Ms on that boat in Ontario?? Two died. It pays to be rich!!
You must lead a truly miserable life, fatso.
BTW Rimjob, how’s that Galera (GRTX) stock working out for ya and your investors?
MyLilStalker and I agree! For example, at Leith Honda of Raleigh NC…
DEALERSHIP RATING 3/5
EMPLOYEE RATING 3/5
I had an overall good experience working with Xxxxxx Xxxx to purchase a used vehicle. … but I feel like I was lied to. My trade had an open recall, so they offered me a lower amount than I would’ve liked. Xxxxxx told me the car couldn’t be resold with the open recall and there were no parts to fix the recall, so it would have to go to auction. That made sense to me, so I accepted the trade value they offered. Today, I saw my trade-in for sale on their website. Looks like it didn’t have to go to auction after all. Maybe that’s just the car business, but integrity and honesty mean a lot to me.
A used car salesperson at Leith Honda in Raleigh NC swindling a few thousand from a trusting car buyer hardly compares to Mr Trump’s crimes against America.
What does some car dealership in NC have to do with you and your two buddies at Galera (GRTX) swindling investors out of $50M for a supposed therapeutic cancer drug that didn’t work?
Who did the stock valuations for the Galera (GRTX) IPO?
If you were an honest man you’d provide the answers instead of deflecting with some garbage about a car dealership.
#LGBFJB
#TRUMP2024-HeMadeMoneyForHisInvestors
Bwaha! Lolgf
MyLilStalker knows the answer to that!
Mr Pxxxxx Xxxx knows for sure. Maybe you should ask him!
Anyway, Leith Honda of Raleigh NC…
I had an overall good experience working with Pxxxxx Xxxx to purchase a used vehicle. – but I feel like I was lied to. My trade had an open recall, so they offered me a lower amount than I would’ve liked. Pxxxxx told me the car couldn’t be resold with the open recall and there were no parts to fix the recall, so it would have to go to auction. That made sense to me, so I accepted the trade value they offered. Today, I saw my trade-in for sale on their website. Looks like it didn’t have to go to auction after all. Maybe that’s just the car business, but integrity and honesty mean a lot to me.
A used car salesperson at Leith Honda in Raleigh NC swindling a few thousand from a trusting car buyer hardly compares to Mr Trump’s crimes against America.
If you were an honest pussy you’d address issues and quit deflecting with some garbage about some company.
Tell us. What’s your point? Maybe you should link names to your baseless defamations of swindling.
If the governor actually said that she just committed a crime. The laws must be applied to everybody equally of course Democrats don’t believe that but I just figured I’d remind you all. You want proof? Ask Elwood if he thinks trump was treated fairly inequitably and got the same punishment anybody else in his position would have gotten.
The Democrats cities and states are in decline and they’re rotting from the core. They’re proving the old adage bankruptcies happened slowly at 1st and then all at once. Said it is the destruction of a city a state and a nation and we’re at the cusp of the all at once part. Well we can’t depend upon fair and equitable legal treatment all is lost.
.
Like that time Hillary Clinton, her entire state department staff, mishandled classified documents on a home serve, then destroyed evidence that was already under subpoena and then got the “no jury would convict her” defense.
Like that time Joe Biden publicly bragged about using US aid money to protect his son from prosecution in Ukraine and then the Democrats in congress impeached Trump for looking into it.
Like that time Joe Biden stole classified documents and was given a pass because “no jury would convict him”.
Certain democrats are above the law. Trump supporters are crushed under it.
It cost Secretary Clinton the 2016 election! Thanks Comey!
Joe and Hunter Biden and Ukraine was a bullshit story from the beginning. President Trump tried to coerce Zelenskyy into digging up dirt on his opponent. It was on tape.
Mr Biden turned the docs over to the gov’t when they were discovered. Ex-president Trump hid the documents, moved the documents and defied subpoenas.
Trump should have been jailed decades ago. Sexual assaults, rapes, tax evasion… And you want him to be president again.
Not even close, Rimjob.
Bwaha! Lolgfy!
#LGBFJB
#TRUMP2024-HeMadeMoneyForHisInvestors
Bwaha! Lolgf
The difference between MyLilStalker and Fat Donnie is that Fat Donnie assaulted mostly adult women (except for Ivanka and the 13 yr old shared by Epstein). Although he called some of the women “dogs”, he apparently only had sex with humans.
Jerry Thompson of TX was arrested for drowning9puppies.
Perhaps Wall Street firms are pulling back from
global warmingclimate change promises because they are seeing that there’s no profit to be made there? Ford has cut its F-150 Lightning production back, and other manufacturers are seeing a slow down in sales. The companies which make commercial charging stations are pulling back.The job of investment firms is to make money by making money for their clients. That’s the only thing about which they care, and should be the only thing about which they care. If they don’t see any money to be made, they get out of investments there.
That’s why we need global communism. Selfish and greedy capitalists will always seek personal enrichment instead of the greater collective good. Perhaps if they paid a “fee” to the collective, they can be allowed to continue to own property.
Chicken Little Man
Keep it up. Trump needs the money.
The new Morning Consult poll found that 62% of potential primary voters surveyed believe Trump has the best chance of any Republican of beating President Biden.
“That is up 9% from the previous poll and matches the high since Morning Consult began asking the question in April. The poll was conducted after last week’s debate and the former president’s arrest in Georgia.”
The mugshot was worth $7 million to him in campaign donations. Thank you, Fani, for the overreach.