You’ve Cost the ESG Movement Trillions and Congratulations Are in Order

Laurent Gillieron/Keystone via AP

Tonight, sit back in your favorite chair, kick your feet up, and have a nice cold glass of not-Bud Light because you, my friend, are responsible for a boycott that has cost the globalist left a lot more money than you know. 

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According to the Global Sustainable Investments Alliance report for 2022 released in November, the boycotts and refusals to participate in ESG-focused programs have removed $5 trillion worth of "sustainable investing assets." In the United States alone, ESG funds decreased by over 50 percent from $17 trillion in 2020 to just over $8 trillion in 2022. 

What was the cause? You! 

But why should I explain it when it's best in life to hear the lamentations from the women of the enemies you've crushed and driven before you? Here's a wonder quote from AFRU.com, a radical leftist website that is really upset about how much you've cost the ESG movement: 

Let’s be clear about where to put the blame. Conservative lawmakers, driven by an irrational culture of anti-woke hysteria, have actively taken measures to resist the incorporation of ESG principles into business and investing. This opposition has manifested in legislative efforts across multiple states, from Florida to Utah, where lawmakers are pushing back against the injection of ethics into the financial sector.

The anti-woke hysteria driving them finds its origins in unmoderated online communities, most notably hate platforms like 4chan and X. Bitter young males — often incels — from these darkweb sites are brutally enforcing a vast online alt-right echo chamber, effectively drowning out more rational voices. This shapes not only public discourse but also the policy decisions of conservative lawmakers eager to put harmful online ideas into legal practice.

The hate from these groups has picked up steam with the tanking of Anheuser-Busch, and is often controlled by extremist statements from alt-right leaders and podcasters. 4chan and X erupted in celebration on Wednesday when Elon Musk spread a dangerous advertisement-related conspiracy theory about a Jewish man while on the New York Times DealBook Summit stage.

Outside of a few token efforts, the powerful ripple effects of these online ideologies on real-world policies is something that has not been grappled with. And far too many are still afraid to call the phenomenon what it is: terrorism.

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Congratulations, you economic terrorist, with your principles and ability to vote with your wallet, you threw a punch so hard that trillions of dollars came out. 

(READ: ESG Clearly Destroys Businesses So Why Should Businesses Continue to Embrace It?)

I wouldn't take AFRU too seriously. In the same article, it referred to Hasan Piker as an "economic thinker" and that you, dear "terrorist," will have to be dealt with for the sake of the planet. In fact, I'm not entirely sure it's not satire; that's how ridiculous the takes on this site get. 

Regardless, this is a massive sign that when we say "no," it really does hurt their cause and their business strategies. We know they've been feeling pain for some time. BlackRock CEO Larry "Forcing Behaviors" Fink lamented back in June that states like Texas and Florida were pulling out of ESG investing and admitted that it had gotten a bad reputation. His solution wasn't to pull back on forcing leftism into corporations but to "rebrand" it. 

Good luck with that. 

As it stands, the unpopularity of ESG in the states is such that major corporations that have pushed it are feeling such a burn that they're in retreat. Bud Light still hasn't recovered despite multiple attempts at doing so, and Disney is currently in a free fall and fumbling the deployment chord on its chute. 

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(READ: Disney's Resistance to Nelson Peltz's Influence Is Concerning)

One true thing that AFRU said is that one of the reasons ESG is failing so hard is because the word is getting out about it and what kind of damage it caused. Of course, with trillions of dollars on the line, efforts to silence those who report the truth about it or give fuel to ESG boycotts are often under attack. RedState is no different. We're no strangers to censorship efforts here, but we could always use help fighting the good fight. 

That's why we've got the VIP program. It's cheap and comes with articles, podcasts, and videos you don't get as a non-subscriber. Right now, if you use promo code "CENSORSHIP," we'll slice 50% off the annual price, and not only will you get all this great behind-the-scenes stuff, you'll be putting one more nail in the coffin of ESG "assets." Sign up today! 

Let's keep corporate globalists and their leftist cheerleaders writing angry articles together. 

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