Heated Debate About The Motive of ESG

PBD and the Biz Doc Interview the authors of one of their favorite books, W, Chan Kim and Renee Mauborgne, Blue Ocean Strategy Authors. In this clip, they have a Heated Debate About The Motive of ESG

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[SFreije]

ESG is toxic and needs to be gotten rid of immediately.

[joeyjuiice]

Not gonna lie I have absolutely no idea what the man floating in the middle of the ocean said.

[RenegadeRanga]

ESG is the mechanism to force all businesses to participate in social engineering.

[Darth_Tuna]

Great question. I’m going to allow my colleague, who nobody can understand, respond.

[FireBean]

Me and my family have made the conscious decision to seek out companies that do not engage in an ESG score and have minimal ownership of any of the big three investment firms like Black Rock, vanguard and State Street.

The biggest challenge I've ran into is finding an insurance company for my home and auto that does not work with them.

[HonestMan]

Chan's background is appropriate - can't hear a word he's saying, sounds like he's underwater.

[brad]

Imagine having to create ESG in order to force businesses to push your ideas/ideology on to people who don't want it in order to make their lives

[jaekenzo]

I can't make out anything that Chen is saying or barely understand what he is saying. Damn what a letdown because this could of been a banger

[janeferreira]

If I get a moral lecture from the company that sells me toilet paper, I'm not buying it any more. I don't need companies to play the role of high priest in my life. I go to church for that.

[Paulinthewyld]

My company builds electric underground mining trucks. The ESG goals of the mines drive the big spend to go from diesel to EV.
Once the guys who actually use and service the trucks see them they said “so we take these $300, 000.00 each trucks that are “good for the environment” and plug them into our 4 locomotive size diesel powered generators to charge them?
Then we all just shook our heads…

[mark]

Imagine worsening your companies staff because you are forced to otherwise you don't get company loans. Crazy times.

[FUBARandU]

Bottom line, keep the government out of your business. Its all about control. New world order is what its about. Big business and government want to regulate your businesses.

[gretaeberhardt]

Listening to this it seems like companies are being blackmailed for a whole lot of nothing. Even worse there are negative things such as having to hire less qualified people. Let me tell you how annoying it is to work with unqualified people. Someone touched on unquantifiable carbon credits, virtue signaling and the like and that is how I see it. When you’re old enough to go to college or enter the work source it should be on your merits. From kindergarten through high school we need better teachers, higher standards and tutors where needed but after that it’s BS to equalize via race, gender identity etc.

[bazzuz]

What esg is trying to do is to make it a viable system where everyone uses to do business. After its gained a foothold, they cna start their next phase of total control.

[fletchfuller]

The Bud Light lady wasn't a "business woman". She had a Business Degree. There's a difference.

[jame]

They were trying to get a Mexican brand of food cancelled. IT didn't work! All of us said we are going to buy more. It had something to do with some FAMILY priority among most traditional values. Specifically A FATHER AND A MOTHER BEING MARRIED AND RAISING THEIR OWN CHILDREN.

[reginoarizmendi]

ESG Environmental Social and Corporate Governance) is the same thing as Klaus Schwartz founder of the World Economic Forum. What needs to happen is that DEI and ESG should be ignored and illuminated by Companies and the government. We need to push back against the banks and not play the game and we should look at banks that don't use ESG and DEI.

[MHGL]

If you're more worried about what the government thinks than what your consumers think, then the government has too much power.

[krikvalk]

ESG was designed to social engineer society into a woke horror show!

[geoffsimns]

ESG hires by equity, not capability or qualification.
Never ever forget "equity" is NOT "equality" - "equality" is equal opportunity, "equity" is equal outcome - on that basis, those not part of a minority will never achieve equity, because equity only applies to minorities.
Therefore everybody must identify as a minority, then there will be no one to seek equity with.
Oh, and billionaires are a very small minority of society, so, of course, equity must be given to them....