Monday Open Comments

Big businesses keep backing away from “ESG” and “DEI” as the political heat around these buzzwords mount in an election year.

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.

but they can’t be trusted and will internalize and conceal the ESG crap behind corporate blinds,

A JPMorgan asset management spokesperson explained the decision partly as a result of the firm’s “development of its own climate risk engagement framework over the past couple of years,” adding that “we believe that climate change continues to present material economic risks and opportunities to our clients.”

plus,

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.

Mentions are dramatically down from recent high-water marks, including a 2021 that saw over 100 mentions of ESG each quarter.

Only time will tell if this evil, destructive madness has been driven from our midst.

 


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Dr phil Good-E=1984
February 26, 2024 9:26 pm

I’m still laughing about the wooden dummy lampooning by the Italians.
watched it 3 more times today.

the guy asking him the questions kills me.
especially when the dummy is about to push the button.

“I forgot to take the pills, I’ll call the nurse.”

vaporized.

SNL hasn’t done anything that funny since the Belushi days.

lololololol!

Adee
February 26, 2024 8:01 pm

#22 Shannon Spring Branch is stupid to do so as are other schools, and it shall come to seriously bite them very hard in the rear end.  Possibly the ignorant idiots who convinced the schoolboard to do that will have retired before the graduates of that school discover that colleges and universities worth their salt expect their students to know… Read more »

Shannon
Admin
February 26, 2024 6:24 pm

This has been happening in school districts for years but it has finally hit the Spring Branch ISD, which my brother and I grew up attending. It was the envy of the surrounding districts back in those days. For its quality of education. The only thing comparable (by reputation) at HISD were two high schools – Bellaire and Lamar. Spring… Read more »

Shannon
Admin
February 26, 2024 6:03 pm
Adee
February 26, 2024 2:58 pm

Back from a lovely seafood lunch at a nearby restaurant and then a stop to vote on the way home.  Made sure to thank the volunteer folks who run the voting place year after year.  A simple thank-you was received with big smiles.  That is the polite thing to do when our neighbors give several days of their time to… Read more »

Bonecrusher
February 26, 2024 1:36 pm

So when is Nimroda Nikki Haley going to drop out of the R nomination race?  Some say after she gets trounced in Soooper Tooosday, 05March.  There is speculation that she may join the No Labels party.  Perhaps She and RFK jr. could team up. Who gets to be on top in that pairing? I think those two will get most… Read more »

Adee
February 26, 2024 12:14 pm

Good Morning, Hamsters Overcast, windy, and gloomy here this morning, and that is likely to hang around all day.  Total opposite of yesterday’s sunny and warm day.  But then again, in Spring in Texas if you wait 5 minutes the weather can change.  Sometimes more than once a day.  Fortunately the Houston Livestock Show and Rodeo parade went off on… Read more »

mharper42
mharper42
February 26, 2024 12:05 pm

Morning, HamousVille inhabitants! (Well, visitors at the very least…)

Tedtam
Admin
February 26, 2024 11:54 am

I saw this over yonder, and I’ve put it into a document that I’m going to make available to my family.  I edited it slightly, but it covers so many of the errors and aggravations that I’ve seen over and over as I’ve lost friends, and remember that I’m Catholic.  Your particular list will be different: For the sake of… Read more »

Dr phil Good-E=1984
February 26, 2024 11:02 am

New Godzilla movie coming out called Godzilla vs Omnibus:The Swamp Monster that Returns more than Godzilla.

surprise surprise surprise boys and girls.
It’s continuing resolution week.

which day will the republicant’s cave and give the NY Mayo Stain everything he wants?

I say they’ll make it dramatic and make a deal in the wee hours of Friday morning.

squawkbox
Admin
February 26, 2024 10:29 am

Participating in a gun buy back because you believe the criminals have too many guns is like having yourself castrated because you believe the neighbors have too many kids.

There’s Just One Problem With Gun Buybacks

They don’t work.

Super Dave
February 26, 2024 10:04 am

Bones;   BRIGHT FRIGGEN RED.

We need pictures. When I first retired I Osphoed and repainted a couple of old Florida Chairs. One yellow and the other orange, both hideous and we love them.

Bonecrusher
February 26, 2024 9:59 am

IF the Rs were actually serious about saving our country from the commie left, they would jam through a law that states unequivocally that non-citizens are not to be counted in any census for purposes of representation. If the Ds can’t count on the illegal alien invader vote, they don’t want them either. I may be mistaken, but couldn’t Trump… Read more »

Bonecrusher
February 26, 2024 9:23 am

Texpat: That any Houthi/Iranian ship is allowed to float anywhere near the Red Sea is an outrage.

Bonecrusher
February 26, 2024 9:22 am

Players: Fani Willis – Fulton County persecutor of Trump Nathan Wade – Fani’s one time love interest and hired gun to go after Trump Terrence Bradley – Nathan Wade’s former law partner and his divorce lawyer The text messages of Nathan Wade have been subpoenaed to provide proof that Wade was involved with Fani months prior to that which was… Read more »

Bonecrusher
February 26, 2024 8:52 am

Texpat:  When  is enough going to be enough and Yemen gets reduced to rubble?  I think we can be pretty much assured that Iran is pulling Yemen’s strings so who and how many are going to eliminate the mother cancer in Iran? Those cables represent a severe weakness, the American Indian figured that out pretty quickly when it came to… Read more »

Super Dave
February 26, 2024 8:19 am

Today is my grandnephew’s 27 birthday so I posted this on his Time Line. He’s driving his dad’s Polaris with my boy on the back and my boy’s friend beside them, Ariton Alabama, December 28, 2001. Mercy! Time is flying by.

Tedtam
Admin
February 26, 2024 7:51 am

I have plans to put my 3 air store bought plants in the dirt, preferably in tubs that are already refurbed.

Then I should stop.

First, coffee and beads. And removing cobwebs.

PS: I hate working off of my phone.

Bonecrusher
February 26, 2024 7:45 am

The weather was as close to perfect yesterday as it can get, so I prepped, primed, and painted the last 3 wrought iron patio chairs.  Mrs. Bonecrusher was very happy.

The chairs and table were a light Navy grey/pale blue and now they are BRIGHT FRIGGEN RED.  They look pretty good if I do say so myself.

Super Dave
February 26, 2024 7:30 am

Well the Wicked Witch of South Carolina will be out of the race after Super Tuesday. Why you axe? Well the Koch brothers have finally pulled the plug, no more money for you! They are the only rea$on she made it this far. As you know the #1 reason a political candidate pulls out of a race is lack of… Read more »

Bonecrusher
February 26, 2024 6:51 am

From last night:

#1 Trump ad for 2024

The left would absolutely lose their collective minds, what is left of them.

Bonecrusher
February 26, 2024 6:48 am

Only time will tell if this evil, destructive madness has been driven from our midst.   FIRSTICUS One of the few, absolute truths in this world is that leftists, by genetic design, will never, ever stop trying to gain power by taking your freedom and money.  Combatting global warming/climate change is just another vehicle to take power, freedom, and money… Read more »