States Investigate UN’s ESG-Style Commitment
The ESG agenda is destructive and oppressive. Let’s pray that this investigation is thorough and that banking assets are not being misused.
From The Epoch Times. The war between states and banks over environmental, social, and governance (ESG) investing and similar practices has reached the doorstep of the United Nations–19 state attorneys general have launched investigations of major financial institutions’ commitment to the U.N.-convened “Net-Zero Banking Alliance.”
The alliance’s website states that its members control roughly 40 percent of the world’s banking assets and are “committed to aligning their lending and investment portfolios with net-zero emissions by 2050.”
“The Net-Zero Banking Alliance is a massive worldwide agreement by major banking institutions, overseen by the U.N., to starve companies engaged in fossil fuel-related activities of credit on national and international markets,” said Missouri Attorney General Eric Schmitt in a press release on the investigations. …
“We are leading a coalition investigating banks for ceding authority to the U.N., which will only result in the killing of American companies that don’t subscribe to the woke, climate agenda. These banks are accountable to American laws–we don’t let international bodies set the standards for our businesses,” Schmitt said.
Arizona, Arkansas, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Montana, Nebraska, Oklahoma, Tennessee, Texas, and Virginia are among the states now investigating the banks through a powerful tool known as a civil investigative demand.
One demand, for example, encompasses the following requests: “Describe Your involvement in each Global Climate Initiative in which You participate, including the date You first began participating, any promises, pledges, or other commitments You made to the Global Climate Initiative, or any actions You made or took pursuant to, or consistent with, such commitments, or Your initial or on-going participation, and the employee(s) responsible for managing Your relationship with each Global Climate Initiative.” …
How are you praying against the ESG agenda? Share this article to keep people informed.
(Excerpt from The Epoch Times. Photo Credit: Canva)
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