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Posted on 3/19/24 at 12:26 am to tgerb8
quote:
I can accept that large firms are more likely to back a company with "high" ESG standards.. but these people seem to be backing ESG over money in a lot of instances and I'm trying to figure out how/why. Money is still king regardless of woke bullshite.
The companies may suffer, but the people at the top don't. They are taken care of for implementing these policies, even if they are fired.
Posted on 3/19/24 at 3:07 am to PGAOLDBawNeVaBroke
You're correct.
He was clueless, and Hertz is better off.
He was clueless, and Hertz is better off.
Posted on 3/19/24 at 8:40 am to TenWheelsForJesus
Ultra-left activists are far more organized and vocal than conservatives. They also know how to use the media to their advantage. Thus, corporations disproportionally fear their attacks. Policies are made in the hope the company won't draw attention. It's the swimming in the large school of fish strategy.
Rodo
Rodo
Posted on 3/19/24 at 8:44 am to Jjdoc
Planet Fitness survives because the monthly rates are so cheap people buy plans then forget to go and don't cancel because the charge is so low they don't notice it.
A large percentage of its members average less than 1 visit a month.
A large percentage of its members average less than 1 visit a month.
Posted on 3/19/24 at 9:08 am to Jjdoc
"you hate to see it" 
Posted on 3/19/24 at 9:08 am to 6R12
I think these DEI chiefs get bonuses for this crap.
There can really be no other explaination
There can really be no other explaination
Posted on 3/19/24 at 9:39 am to tgerb8
quote:
but these people seem to be backing ESG over money in a lot of instances and I'm trying to figure out how/why. Money is still king regardless of woke bullshite.
One of the left's biggest achievements was figuring out a way to separate access to capital from fiduciary duty by putting activists on the board of directors of institutional lending companies.
Posted on 3/19/24 at 10:02 am to VADawg
yep
Posted on 3/19/24 at 3:40 pm to tgerb8
quote:
we're referencing ESG here? I can accept that large firms are more likely to back a company with "high" ESG standards.. but these people seem to be backing ESG over money in a lot of instances and I'm trying to figure out how/why.
Because BlackRock wants to "force behaviors" i.e. ESG/DEI and they think it's the long play. Short term pain and turmoil for long-term gain/respect/brand integrity/customer loyalty. They're fricking retards.
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