The conservative grassroots have been fighting back hard against the Environmental, Social, and Governance (ESG) agenda which sees large corporations and asset managers use the money of their investors i.e. you, to reinvest that money against your values.
Recent examples of such subversion come from Bud Light when they featured activist Dylan Mulvaney, who self-identifies as a woman, on promotional material as well as Target’s promotion of absurd LGBTQ+ “Pride” merchandise targeting children. The predictable backlash resulted in the loss of dozens of billions of dollars for both companies.
Asset managers have a fiduciary duty to wisely invest their investors dollars — not fund political ideologies. When these managers pursue political agendas over the interests of their clients, it becomes a gross violation of the faith that investors have put in them.
That is why Heritage Action has been working with the grassroots to pass laws protecting investors from ESG on the state level. Because we, as Americans, should not be forced to fund the political ideologies that are attacking us.
