Populist House Republicans Rejecting Woke Corporations over ESG

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Populist House Republicans Rejecting Woke Corporations over ESG
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Lobbyists for “woke” corporations adopting equality and climate goals have reportedly faced problems when meeting with populist House Republicans.

as stances associated with climate change, as well as the Diversity, Equity, and Inclusion agenda. For example, Wall Street firms, such as BlackRock, sell ESG as a way to invest according to specific criteria that the political left pushes on voters and consumers.

However, Davison also acknowledged that many lawmakers, lobbyists, and former congressional aides emphasized that the tensions with the new group of Republicans are because the new group is more focused on social and cultural issues than business priorities. Rep. Jim Banks , who heads the Republican Study Committee, characterized the split between corporations and Republicans to Bloomberg as a divorce, which has made his party healthier. He also alluded to his party focusing on American workers and being able to put more distance between itself and ESG policies, which he told Bloomberg is a “scam” that hurts Americans and helps China.

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