Conservatives battling against the environmental and social justice movement have opened a new front to ensure that the financial spigot stays on for controversial industries that risk being cut off from the economy by the progressive movement.
For years, conservative groups fought a trend among corporate America known as environmental, social and governance investing, or ESG. ESG criteria have become a trend among many major corporations and banks that apply non-fiduciary criteria to potential investments. Those criteria, like addressing climate change, typically align with Democratic priorities.
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