ESG ‘Transparency’ Is a Smokescreen for Coercion

(The Wall Street Journal 10/13/22)

In this opinion piece, the writer notes that “[t]here is no evidence that the entire ESG package, which includes diversity and equity and the rest, has generated any long-term excess return.  But the more ESG advocates . . . pressure corporate leaders to comply with their wishes, the greater the likelihood that those who resist will be shunned and have more difficulty raising capital.”