The weird Republican turn against corporate social responsibility
Republicans have found a new front in the culture war. For months, Republicans have been attacking ESG, the financial shorthand for how some companies consider all the ways the environment, social issues, and corporate governance impact their bottom line. One of the GOP’s recent targets is BlackRock, the world’s largest asset manager, which oversees some $8 trillion in assets, as a symbol of the financial community’s growing recognition that climate change is too big to ignore.
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