"S&P Global will stop using alphanumeric ESG scores when assessing credit quality,

 "S&P Global will stop using alphanumeric ESG scores when assessing credit quality, 

an about-turn that comes amid a backlash against environmental, social, and governance investing," reports Barron's. "ESG investing has been under increasing scrutiny since last year, as conservative lawmakers and attorneys general claim that non-pecuniary considerations such as environmental and social issues would hurt investor returns."

And corporations are shedding their own DEI bureaucracies as they prove to be anything but the political insulation executives had sought, but instead become lightning rods for controversy.

"Companies including Netflix, Disney and Warner Bros. Discovery have recently said that high-profile diversity, equity and inclusion executives will be leaving their jobs," notes The Wall Street Journal. "Thousands of diversity-focused workers have been laid off since last year, and some companies are scaling back racial justice commitments."

Universities retreating from DEI statements appear to be part of a larger reassessment of the wisdom of subjecting all areas of life to one ideological group's view of how society should be viewed and reshaped.

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