Good evening,
For you newbies out there, welcome to Outsider on the Inside. I hope this dispatch from in and around the nation’s capital on underreported topics finds you well.
If you’re just discovering my musings, here’s a backgrounder and make sure we’re connected on Facebook, Instagram, Twitter, and YouTube.
ESG Scores: The Problematic Grift
The Environmental, Social, and Governance (ESG) movement is being proactively challenged in the private sector, state legislatures, and in Congress.
What explains this? First, it won’t save the planet. Secondly, it’s political and hostile to conservative or independent views. And most troubling of all, its framework is antithetical to free market economics since it forces behaviors on the public.
ESG, unsurprisingly, has morphed into a pernicious ideology. Its reporting regime—specifically the scoring system— is similarly worthy of scrutiny since corporations reportedly pay upwards of $500,000 to attain good ESG scores.
The sustainability consultancy firm ERM issued a revealing report entitled Rate the Raters 2023: ESG Ratings at a Crossroads, exposing the industry’s controversial reporting practices.
As I noted on Independent Women’s Forum’s blog, publicly traded companies “spend an average of $220,000 and $480,000 annually to boost their ESG ratings compared to private companies (which pay between $220,000 and $480,000 annually). In contrast, investors spend an average of $175,00 to $360,000 annually to improve their standing.”
Stand with Riley Gaines
ICYMI
Articles/ commentary/media appearances from the past week.
MEDIA MENTIONS
I appeared on Fox 5 DC and it was reposted on Yahoo! News.
I spoke with Larry O’Connor on his Salem News Channel program about the Antiquities Act.
And I shared my concerns with the Department of Interior’s proposed Public Lands Rule to Fox News Digital.
ARTICLES/BLOGS
Townhall: New DOI Rule Would Stray Away from Multiple-Use Management
IWF: Two Truths And A Lie: True Conservation
IWF: MI Right-To-Work Repeal Bad News For Businesses, Independent Contractors
Townhall: ESG Scores- The Problematic Grift
Podcasts You May Have Missed
Catch up on District of Conservation episodes below.
Thank you for reading! Let me know your thoughts and encourage your friends to subscribe to the newsletter too.
—Gabriella