29 min
How "Socially Responsible Investing" is Hurting our Food Supply Business in the Kingdom
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- Business
In a recent article in National Review Online, Nebraska Treasurer John Murante (https://ballotpedia.org/John_Murante) demonstrates that the ESG investing approached (Environmental, Social, Governance) being promoted by giant asset managers hurts not only the fossil fuel industry, but agriculture as well. Since the poor spend a much larger proportion of their income on food and energy, an investment approach that attacks those industries attacks the poor. Treasurer Murante also discusses with Business in the Kingdom how ESG empowers tyrannies such as China.
In a recent article in National Review Online, Nebraska Treasurer John Murante (https://ballotpedia.org/John_Murante) demonstrates that the ESG investing approached (Environmental, Social, Governance) being promoted by giant asset managers hurts not only the fossil fuel industry, but agriculture as well. Since the poor spend a much larger proportion of their income on food and energy, an investment approach that attacks those industries attacks the poor. Treasurer Murante also discusses with Business in the Kingdom how ESG empowers tyrannies such as China.
29 min