Businesses Ditching DEI and ESG
16,131 Views
Comments (15)
Share (126)
Print
Businesses Ditching DEI and ESG
16,131 Views
Comments (15)
Share (126)
Print
I Prayed
have prayed
Many big businesses and financial groups have been ditching the ESG and DEI labels to avoid, as this article puts it, “the political heat.” Will this change stick, or will these three-letter ideologies simply rebrand and reappear?
From Yahoo Finance. Big businesses keep backing away from “ESG” and “DEI” as the political heat around these buzzwords mount in an election year.
This content is supported by your donations.
Give today.
Companies are reducing their involvement in a high-profile climate group; talking less about environmental, social, and governance (ESG) concerns on earnings calls; and paring back new hires devoted to diversity, equity, and inclusion (DEI) in workplaces.
The latest retrenchment came last week when financial giants JPMorgan Chase (JPM), State Street (STT), and Pimco all pulled out of Climate Action 100+, a coalition formed in 2017 to encourage companies to reduce their emissions.
BlackRock (BLK), the world’s largest money manager, also ended its US involvement with the group. …
The moves followed a wave of political pressure on the climate coalition, with House Judiciary Committee Chair Jim Jordan (R-Ohio) even issuing a subpoena.
In a statement, Jordan called the withdrawals “big wins for freedom and the American economy, and we hope more financial institutions follow suit in abandoning collusive ESG actions.” …
A shift on multiple fronts
Companies are shying away from ESG and DEI in other ways. One has to do with what they discuss on their quarterly earnings calls with analysts.
A recent analysis from FactSet found that mentions of ESG on S&P 500 earnings calls were set to reach new lows this year compared to earlier in the decade. Direct mentions of DEI were even less frequent. …
Another change from companies is that they have slowed their hiring of people with DEI attached to their titles.
A 2023 report from LinkedIn found a surge between 2019 and 2022 in C-suites hiring for DEI-related titles like chief diversity and inclusion officer. The growth was largely seen as a response to the global protests against racism and police brutality. …
But the study also found that the tide has more recently ebbed, with these roles experiencing a 4.5% decline in 2023.
Another recent look at the subject from employment data provider Live Data Technologies found that chief diversity officers were more vulnerable to layoffs and experienced higher turnover in recent years. …
A political fight that may only increase
The step back by corporate America comes as political fighting over these topics is expected to increase.
A new poll released Thursday from left-leaning group Unlocking America’s Future found that American voters are largely unfamiliar with terminology like “ESG” but responded very positively to terms like “responsible companies” (78% favorability) and “sustainable business practices” (73%).
The takeaway, says Kyle Herrig of the group, is that anti-ESG forces “have misread the American people with their attacks.” He added that pro-ESG forces should use the new data to go on the offensive against the ongoing Republican efforts on the other side. …
Although this is good news, the fight against these three-letter agendas is not over. Share this article to encourage others to pray against DEI and ESG.
(Excerpt from Yahoo Finance. Photo Credit: Frugal Flyer on Unsplash)
Comments (15)
Share (126)
Post A Prayer
Print
I Prayed
have prayed
Post A Prayer
Related Content
Biden Admin Withdraws Title IX Change
I Prayed
The True Meaning of Christmas in Charlie Brown
I Prayed
Partner with Us
Intercessors for America is the trusted resource for millions of people across the United States committed to praying for our nation. If you have benefited from IFA's resources and community, please consider joining us as a monthly support partner. As a 501(c)3 organization, it's through your support that all this possible.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Privacy Policy
Comments
Thank you Father for what you are doing in our nation. May we your people be faithful to continue to pray and praise you name.
Praise God that our country is moving in response to the prayers of we Christians. It’s very comforting to see the Lord moving to help make America great again!!
Hearing this good news also helps us stay motivated to pray and also to speak to as many people as possible the truth about wokeism and why the traditional American values are so good and that if we live American values we will be the best country in the world again!!
The term DEI should really be DIE – Diversity, Inclusion and Equity – as it really is a means to destroy our country from within.
If companies have to ask shrouded questions to get the answers they want about DIE and ESG, then that only proves they need to trick the public into agreeing with them – they can’t be truthful.
Hopefully, this turning away from these ideologies will help the large corporations to look deeper into the “stuff” government spreads before they jump in just because they are told they should.
Thank You, Heavenly Father, for answering our prayers and exposing evil. We are so grateful for your faithfulness.
In His Name
I pray Psalm 7 tht the mischief makers fall into the r pit they dug for others.
In th r Spirit I saw big letters W. O. K. E. falling into the pit. Then I saw a stuffed monkey with the pronouns clasped in its arms being thrown into the pit by unseen hands.
Jesus is there taking care of the refuse.
Thank You Jesus. May His Goodness and Mercy follow me Forever. And Evrr..Amen
For 10 years or more this toxic and divisive (Woke) ideology has been infiltrating the culture with a patina of euphemisms covering, in effect, an upside-down Hindu caste system. Now, even Blackrock and JP Morgan, original enthusiastic proponents, are backing away from this —- just on practical terms it doesn’t work and makes poor business sense.
I pray that the various branches of our Christian faith do not become likewise divided and Balkanized in our resistence to this ideology. In Jesus’ name, Amen.
This is encouraging news. Lord Jesus, please, by Your grace, bring ALL of the three-letter agendas to an abrupt end. Thank you, Lord.
Next up: F-B-I and C-I-A
MAY THE CREATOR WIPE ALL TECHNOCRATIC SATANIC ENTITIES OFF THE FACE OF THE EARTH AND THEIR TOTAL SLAVERY AGENDAS EMBODIED IN ESG, DEI AND ALL THE ALPHABET SOUP AGENCIES AND BIG BANKSTERS: WEF, WHO, THE UN, CFR, BIS, BLACKROCK, VANGUARD, THE ROTHSCHILDS, THE ROCKEFELLERS, ETC.
As people are waking up it is essential that those of us who are aware continue to shake others awake, and to instruct with action plans. The main thing is that we encourage people to get involved in local (communities and state) elections, vetting candidates and supporting Christian and Constitutional candidates. It’s imperative that we support the few “freedom loving” Reps and Senators that are currently in office. These few are working hard; we need more of them!
Blackrock and Vanguard are powerful enemies, as is Soros, Gates. all their NGO’s the WHO, WEF and the UN. These are the forces that we must be targeting prayer toward, that Yeshua would release His mighty angels to war against to tear down their strongholds!
Lord God, I pray that your spirit of truth and discernment fall upon your people that they will see through the veil of wickedness that is trying to overtake the world. I ask that you infuse us with plans and boldness to take back what the enemy has stolen and to work through us to restore justice, mercy and righteousness. I ask you to release your mighty angels to the nations with targeted assault on those players who have risen up against YOU and your kingdom. Release them, Lord God, to tear down and make naught the plans of the WHO and their usurpation of national sovereignty as it relates to pandemics and medical freedom for this nation and others. Tear down the underpinning of the WEF and Blackrock and intervene in their plans to dominate the world economies. Lord, send your Spirit to visit those in high places within those companies, to confound their plans, but even more… that they would encounter the Living God, and meet Yeshua as Paul did on the road to Damascus. Save them Oh, God… change their hears that your name may be magnified!
In the name of Yeshua I ask. Amen!
Thank you Jesus for removing these dangerous policies which destroy freedom , and personal achievement . Our nation must return to common sense and integrity which come from faith in Your Sovereignty. You are eternal . We bow down in prayer seeking the complete annihilation of these policies .
Hallelujah! May Your light continue to scatter the darkness in this nation, Jesus! Expose, expose, expose! Amen!
I wouldn’t get excited just because some of the conglomerates pulled back; people are awake now & know that they’re actually the ones DRIVING this insanity train. It’s no different than the Feds lowering rates briefly, or when government officials pretend to graciously “let” us have some of our freedoms back (as if our freedoms and rights are THEIRS to dole out!) Be wise as serpents & innocent as doves.
The big question remains: why, when they know most people oppose these policies, do they support them?
THE RULING DEMONIC PARASITE SCUM WANT TO ENSLAVE ALL LIFE ON EARTH – THEY ARE POWER-MAD, GREEDY CONTROL FREAKS. THAT IS WHY THEY ARE PUSHING PURE EVIL AGENDAS OF TOTAL SLAVERY!
I thank God that I know He is hearing and answering prayer for our nation, for His people. I hope we are all diligently praying for souls to be saved. That is why He wil show us a way back , if we are willing to use freedom to seek and to save the lost. Praise His name!