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Why is Big Capital ditching the ESG agenda?

... staunch backing of billionaires, Western governments and the United Nations. Big Capital, however, is backtracking from the very Frankenstein it had created. What are the reasons behind this volte-face? Source: activistpost.com In a June 10 Tweet, Elon Musk, the embodiment of the electric vehicle (EV) revolution, declared that “ESG is the devil”. ESG stands for the “environmental, social and governance” principles which dictate that certain aspects of a company’s work must be taken into ...