The Woke Street Journal
The last trading day of what’s been an interesting year. 2023 was the year that consumers and investors finally fought back against companies pushing issues that they can’t get done at the ballot box. I expect more of the same in 2024 and we will be on it. Also, we expect to launch of bunch of new products in 2024 so stay tuned.
‘Worst of the Woke’: Bud Light, Target, Los Angeles Dodgers ‘recognized’ for leftist kowtowing-Washington Times
America rose up against woke capitalism in 2023-SRN News
We believe all things being equal, companies that focus on making money and on their shareholders do better than those who don’t. Is ESG spend by companies good or bad? It depends-Sharecafe
Both financial advisors and investors have told me that they don’t like to see companies spending money on ESG. Many see it as window dressing: fluffy stuff. It’s true that this can be the case, companies can waste lots of money on things that don’t really make a difference to the bottom line.
Some Positive ESG Trends Emerged in 2023-ETF Trends
“Contrary to the narrative that companies are scaling back or abandoning ESG and CSR, most are continuing to prioritize progress towards their social impact goals. According to KPMG’s 2023 CEO Outlook report, 69% of CEOs have embedded ESG into their business as a means of value creation,” added EHS Today. “They also recognize that there is more work to do. 68% indicate that their current ESG progress is not yet strong enough to withstand the scrutiny of stakeholders and shareholders. But progress won’t continue if resources are not commensurate with the expected growth.”
Market Share For Green Bonds Slumped For Another Year Following Backlash-Daily Caller
Bonds that consider environmental, social and governance (ESG) factors for their investors made up just 2% of all bond issuance in the U.S., the lowest point in terms of market share since 2020 after also declining in 2022, according to Bloomberg.
I don’t know about the rest of the programming but I can vouch for Doctor Who going woke. BBC hits out at research accusing it of peddling ‘diet of woke bias’ to viewers-The Independent
Musk Turns Tables on Woke Disney with His Own Epic Boycott-The Western Journal
Musk’s electric car company is no longer hosting the Disney+ streaming service as part of the entertainment platform in some of its vehicles, Electrek reported.
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