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<blockquote data-quote="Glocktogo" data-source="post: 4279921" data-attributes="member: 1132">DEI needs to DIE, asap. The problem in this case isn&#039;t DEI initiatives to benefit employees and consumers. The problem is spending X dollars to obtain Y ESG score, in order to be considered &quot;compliant&quot; for stock trading purposes. It&#039;s a giant grift that&#039;s perpetuated by places like BlackRock, State Street, Vanguard and others. It&#039;s giant money firms putting their thumbs on the scales and deciding who wins and who loses, all on what they&#039;re willing to give up in order to be on the good list and not the naughty list. The worst part is they use YOUR money to accomplish their mandates. Whether it&#039;s higher consumer goods prices, your 401K investment or lower returns on individual stocks you may own in certain companies and industries, such as firearms and ammunition. If you have the option to resist the ESG grift, it is morally and ethically wise to do so.</blockquote>

[QUOTE="Glocktogo, post: 4279921, member: 1132"] DEI needs to DIE, asap. The problem in this case isn't DEI initiatives to benefit employees and consumers. The problem is spending X dollars to obtain Y ESG score, in order to be considered "compliant" for stock trading purposes. It's a giant grift that's perpetuated by places like BlackRock, State Street, Vanguard and others. It's giant money firms putting their thumbs on the scales and deciding who wins and who loses, all on what they're willing to give up in order to be on the good list and not the naughty list. The worst part is they use YOUR money to accomplish their mandates. Whether it's higher consumer goods prices, your 401K investment or lower returns on individual stocks you may own in certain companies and industries, such as firearms and ammunition. If you have the option to resist the ESG grift, it is morally and ethically wise to do so. [/QUOTE]

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