The Woke Street Journal
December 9, 2024
December 9, 2024

The Woke Street Journal

All The News That Isn't Fit To Print

ESG

New ‘anti-woke’ ETF makes Starbucks its first target-FT

I have the same issue with this that I do with ESG. My main criticism of ESG is that it puts politics before profits, and I firmly believe that investing is about making money, full stop. This fund is coming at this the same way, just from the right side. I continue to believe that you want to focus on companies who are politically neutral and who's only goal is to maximize profits for shareholders.

Trump’s SEC pick sparks concern from ESG, climate experts-Utility Drive

Indiana joins lawsuit targeting ESG practices of major investment firms-Daily Reporter

Indiana has joined 10 other states in bringing a lawsuit against three of the world’s largest investment companies, with Indiana Attorney General Todd Rokita alleging the firms are illegally conspiring to manipulate energy markets.

Republican AGs sue BlackRock, other investment firms over ‘woke’ climate action efforts-Missouri Independent

A lawsuit filed by Republican attorneys general from 11 states accuses BlackRock, Vanguard and State Street of antitrust violations

NYC Pensions Undeterred on ESG Strategy-Energy Intelligence

Shifting US political winds will not prevent the New York City pension system from getting tougher on fossil fuels and, more generally, from applying strict ESG criteria to its investments. Instead, the NYC Comptroller’s chief ESG officer tells Energy Intelligence that the city’s public pension system, with $285 billion under management, intends to stick to its strict ESG criteria — because climate and other ESG risks a real, serious and part of its fiduciary duty to avoid, not a politically driven exercise.

DEI

Justice, Boeing and DEI-WSJ

Federal Judge Reed O’Connor on Thursday rejected a plea deal between Boeing and the Justice Department. But the biggest news in his 12-page opinion is his scorching words about the “shifting and contradictory explanations” of the plea’s diversity and equity provisions in choosing an independent monitor for plea-deal compliance.

Corporations are finally giving DEI the pink slip-Washington Times

Nearly all Fortune 500 companies still maintain corporate DEI commitments: report-Fox News

DEI promotes false perceptions of prejudice. Walmart, Ford finally see the truth. | Opinion-USA Today

Vance-Led Effort to Ban DEI in Corporate America Gains Traction-Bloomberg Law

Southwest Airlines Agrees to End DEI Employment Practices in Repsonse to Lawsuit-NTD

Woke Companies

Target must face shareholder lawsuit over Pride backlash, US judge rules-Reuters

Target (TGT.N), opens new tab has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a backlash and a customer boycott.

Shares in 'anti-woke' online marketplace jump after Donald Trump Jr. joins board-ABC News

Woke

Trump’s team weighs withholding massive research grants from universities that are too ‘woke’: Report-Independent

Military Leaders Rattled by List of 'Woke' Officers a Group Urges Hegseth to Fire-Newsmax