The Woke Street Journal

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Robby Starbuck: Full interview on DEI & more-YouTube

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Buy Woke, Go Broke: The Failure of ESG Investing-Real Clear Energy

This poor performance has been a result of a combination of factors including the boomeranging impact of Western sanctions on Russia energy exports, the collapse of “clean” energy stocks, the rise in interest rates, and the widespread backlash against ‘woke capitalism’ and climate change regulations in Europe and the U.S.

The Rhetoric on ESG Doesn’t Match the Reality-Bloomberg

Companies that embraced stakeholder capitalism were meant to gain a “social license to operate” with enhanced loyalty from customers and employees alike. Unfortunately, this is a fallacy. We dramatically overestimate the ability of stressed, busy consumers to evaluate sustainability performance based on the claims a brand makes, while activists seeking change across an entire sector often target companies that have embraced their cause as well as underperformers. For example, Starbucks Corp., which has some of the best worker benefits in the restaurant sector, has faced relentless negative attention over labor rights. Similarly, sustainability leaders such as Patagonia Inc. and Adidas AG are targeted for their use of plastics, while businesses that keep their heads beneath the parapet get away with far worse.

Death of ESG is greatly exaggerated, say pension managers-Corporate Knights

Principles for Responsible Investment (PRI) counts more than 5,300 companies as members, together managing assets of more than US$128 trillion. Pension executives at the PRI in Person gathering in Toronto said they had no problem upholding environmental, social and governance approaches to investment. In fact, it’s the only way they can secure long-term payouts to their plan members. “We have fully bought into the thesis that we can generate outperformance by leaning into the climate revolution,” Michael Cohen, chief investment operating officer at CalPERS, the US$529-billion fund for California public employees, told the conference. The fund intends to double its climate investment over the next six or seven years.

Yes, CEOs are moving left, but ‘woke capitalism’ is not the whole story-FT

Last week we got a strong indication that it’s the latter, in the form of a fascinating new piece of research by Reilly Steel, a political scientist at New York’s Columbia Law School. This finds that the political views of America’s corporate elite have shifted significantly to the left in the past two decades, and that this change in managerial class values has driven the recent wave of corporate social activism.

I'll take the under on this.......

As Kate Moss, 50, stars in relaunch with trans and plus-size models... Can going WOKE save Victoria's Secret?-Daily Mail

The casting of 52 models – among them were stellar names including Kate Moss, Gigi and Bella Hadid, Tyra Banks and Carla Bruni – was an exercise in race, age, gender and body diversity.

Plus-size models Ashley Graham and Paloma Elsesser and transgender stars Valentina Sampaio and Alex Consani ensured that the event was far more inclusive than in previous years. So how old is too old to model in the fabled lingerie show that famously 'broke' the internet when it was first streamed live in 1999?

Elon Musk and Woke Capital are in a Battle for the Future of America-New Geography

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Signs of life: Are wealthy investors warming to ESG again?-Equities.com

UBS analysts in a note to clients in late September concluded that asset flows to the sector stabilized during the second quarter, following multiple quarters of redemptions. According to the UBS report, global ESG fund outflows contracted by $25 billion during the period.

While still negative, this level represents an improvement over the prior quarter. Notably, the data shows net inflows for both May and June.

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NY Times’ DEI wake-up is better late than never-NY Post

In a mammoth piece published Wednesday, the Gray Lady reports that the University of Michigan’s uber-woke program, “the largest D.E.I. bureaucracy of any big public university,” has not only “helped fuel a culture of grievance” that has boosted racial tension and deepened division, it’s made the entire campus miserable.

Black students dismiss University of Michigan’s DEI programs as ‘well-meaning failure’: Report-Fox News

"D.E.I. at Michigan is rooted in a struggle for racial integration that began more than a half-century ago, but many Black students today regard the school’s expansive program as a well-meaning failure," NYT Magazine columnist Nicholas Confessore wrote.

DEI is dragging down America’s best and brightest-Blaze Media

The primary danger of diversity, equity, and inclusion programs is that they impose a new kind of slavery, shackling the best and brightest with the chains of the lowest common denominator. This approach benefits no one.

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DEI poses greatest threat to our national, economic security-Washington Times

That’s the point, and there is a growing threat to our national and economic security. Be it Ms. Harris, the Democratic Party, the mainstream media or academia, all prefer to fill an exponentially growing list of job openings via identity politics instead of merit and experience.

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ABC Debate Moderator David Muir’s Fact Check Aimed at Donald Trump Breaks Down After FBI Revises Crime Statistics-Breitbart

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