(by Glenn Beck and Justin Haskins | The Blaze) – We’re used to legacy media misleading, concealing, and even downright lying about the important issues facing America — especially when it comes to environmental, social, and governance (ESG) scores and the Great Reset movement. And on many occasions, we don’t respond with a detailed response. After all, most Americans don’t read or watch legacy media outlets anymore.
However, sometimes, we come across something so dishonest that we simply can’t stay quiet, because if we were to, our heads would probably explode. (And we happen to be very fond of our heads, thank you.) On March 18, the Idaho Statesman — the largest newspaper in Idaho — published one of those truly blood-boiling articles we just can’t ignore.
In the piece, which was written by the paper’s opinion editor Scott McIntosh, the author promotes one false claim after another about ESG scores, their use, and the Great Reset movement — all in an attempt to discredit us and the countless other people in Idaho working to protect the rights of American families and businesses.
(It’s worth noting that we submitted this article to the Idaho Statesman for publication last week, but McIntosh declined to publish it. McIntosh didn’t give us a reason for the decision, but we suspect it’s because he doesn’t like it when others reveal how dishonest the Statesman has become. Shocking, right?)
By the way, if you think this article doesn’t apply to you because you don’t live in Idaho, think again. ESG is an international phenomenon that affects every single American, regardless of the state you live in.
ESG metrics are a kind of social credit scoring system, similar to the model now being used in China. Their purpose is to create a new framework for evaluating businesses, banks, investors, and governments, so that instead of just looking at profits, losses, debt, employee satisfaction, and other traditional economic metrics, an organization is evaluated for its commitment to battling climate change and devotion to social justice causes, including, for example, the racial composition of a company’s workforce.
ESG systems already have awards and punishments tied to them. Companies with “good” ESG scores are often rewarded with lower lending rates, better bond ratings, and other advantages. Some companies with “bad” ESG scores are forced to pay more for loans or denied access to banking services altogether.
And you don’t need to take our word for it, either; there are plenty of industry and academic reports showing the impacts of ESG, including a recent detailed report by Morningstar’s Sustainalytics, which regularly promotes ESG metrics. Read Full Article >