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The “G” in ESG (Governance) is used to establish and ingrain a far-left, conscious ideology in American business, which sometimes leads to irrational decision-making.
Daniel Cameron, CEO 1792 Exchangeexplains how it works in an interview with Breitbart News Editor-in-Chief Alex Marlow. 1792 Exchange We expose corporate coercion and ideological bias and work to get America back in business.
Marlow points out that the “G” in ESG (short for environmental, social and governance) stands for “how the company currently leads itself, and how management is leading the company to maximise profits.” [or] It’s not about maximizing business success, it’s about raising awareness at an organizational level.”
“How did we get to this point, and why is this the biggest threat to these companies?” Marlowe asked Cameron.
Cameron explains that through governance, organizations run various training programs to educate all employees. He believes that governance may be the most damaging element of ESG.
“When I think about 1984, [George Orwell] “The book captures in many ways the idea of the Thought Police, the Big Brother,” Cameron says. “This is Big Brother within the corporation, telling people how to think, how to speak, and ultimately telling them not to exercise their First Amendment rights. They put limits on people’s ability to have different thought processes. They want everyone within the corporation to be basically incompetent when it comes to certain issues.”
What are the implications of woke “governance”?
Part of the woke agenda is to move away from hiring, promoting and paying employees based on their merits. “These things shouldn’t be subject to far-left ideology or woke policies or woke agendas,” Cameron says. “It should be based on merit and pay structures, and pay shouldn’t be based on diversity, equity and inclusion.” [DEI] As a sort of governance component of ESG…it is important to evaluate whether a company’s chief executive officer and other leadership are diligently working to recoup and maximize their investment in the company.”
Marlowe comments that “CEOs today may be motivated to hit diversity quotas in hiring, rather than to make big profits or skyrocket their stock prices,” meaning that executives are less focused on their company’s balance sheet because they “get a bonus” for hitting conscious hiring quotas than they are on “making money for the company.”
“How is this possible and can it be undone? Has it ever been undone?” Alex asks.
Cameron cited Starbucks as a recent example of a “catastrophe,” noting, “Starbucks fell into a governance model where they tied bonuses to diversity quotas. But they’ve moved away from that and now they set more general goals that are based on employees rather than specific identities, which I think is a good thing.”
As for solutions, Cameron said: 1792 Exchange In order to “bring the company back to neutrality,” provide information to the public, 1792 Exchangeof Corporate Bias Evaluation, Proxy Databaseand Board Bias Database.
of 1792 ExchangeThe database will give people “the knowledge to speak back at corporations, to ask thoughtful questions about shareholder meetings, to challenge some of this woke ideology that’s trying to infiltrate corporations,” Cameron said. “And that’s good for America, good for corporate interests, good for shareholders, and that’s the direction we need to be heading.”
“1792exchange.com“Go and get involved today,” Marlow concludes.
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