comment: >
  
  Pretty much doing anything that the current GOP wants you to do is a recipe for disaster. In this case financial.
context: No mention of Disney?  Oh wait, I guess that would destroy the entire point of the article. >
  
  It was focusing more on issues involving the federal government. The Disney situation was purely a state government stunt. It also differs from what the article is discussing because Desantis wanted his absurd move to get a lot of attention because he felt it would help him politically. The things in the article are much more under the rader and I think the Republucans really want to keep them as hidden as possible. When this isn't completely successful they'll try to spin what they are doing in a manner that they hope will get the support of their base but that isn't the point of what they are doing like it was with DeSantis and Disney. The point of what the Republicans are doing here is to please their big oil donors at the expense of everyone else (including the rest of the business community). >
  
  Disney has always been political. There’s a  percentage of their staff, especially in the parks, that’s part of the LGBTQ community. I love their whole conservative “go woke, go broke” campaign, it’s pathetic. Disney is smashing park attendance records and these people actually believe that there’s enough of them to make a dent in corporate profits. 
  Like you said, it’s all a stunt. >
  
  ESG.
  You know tailoring investment always from the things that are going to crush your portfolio when they fail?
  Fossil Fuels, water intensive farming, 18th century technology... >
  
  By attacking woke people the ones who can afford to shop at the business that republicans get donor money from is utterly stupid. Your hurting the companies bottom line what morons >
  
  Cause the Republicans aren’t really doing anything. Everyone with more than 2 brain cells has been telling the Oil & Gas industry to diversify since the early 90’s. It was more about peak oil issues but still. The industry has outright refused to commit to diversify their income streams away from oil. Basically the companies just had to cut their dividend payments in half for 2 years and put that money in various non oil assets. 
  Now it’s kinda late to make these moves cause renewables is a much more mature industry with well established players and basically every serious political party in the world considers climate change a fatal threat if mishandled. So all serious political parties in the world (except Republicans) are taking concrete steps to phase out ICEs which is the biggest market for the oil industry. Combined with Wall Street getting PO’d at the many US fracking companies that did not come thru on efficiency reductions in producing shale oil while receiving major loans for over a decade due to the promised efficiency. 
  The US financial industry is kinda low key pissed at the oil and gas industry for being blatantly short sighted on what the future of the oil industry will look like. Heck it’s only 7 years til 2030 when a lot of countries and cities will full on ban most ICE vehicles. >
  
  
  He has argued that it’s not just good for society but also good for investors — among them the company’s clients including pension funds, endowments and governments. 
  BlackRock spokesperson Dominic McMullan said many people have opinions on how its clients’ assets should be invested but that its fiduciary duty is to customers. BlackRock and other asset managers are developing ways for their clients to more directly vote on shareholder matters at companies in which they invest.
  "The money we manage belongs to them — not to politicians, activists, NGOs or commentators.”
  In the current political climate, it’s an argument that companies like BlackRock will mostly be making on their own.
  Republicans are rejecting Fink’s philosophy, arguing that it makes investor returns secondary to other causes, harms the energy industry and threatens the U.S. economy. They’re also leveraging it as a political weapon to bash the Wall Street elite. 
  “This is more about people feeling good at cocktail parties and flying out to their place in Tahoe and whatever else.” - Republican Rep. Bill Huizenga, who leads House GOP work on stock market issues
  
  It’s way past time to stop the business model of maximum profits. Need to get back to insane profits or just profits being fucking acceptable. Republicans trying to block green energy and the transition away from fossil fuels is insane. If states like Kentucky want to have a list of companies they will not do business with, because they don't support preferential treatment to fossil fuels, then that sucks for Kentucky. But to try and pull this shit for the entire country is mess upped. >
  
  I think the problem is not really that businesses are trying to maximize profits but rather that so many of them won't sacrifice any short term maximization of profits for what's good in the long term. >
  
  Pretty much doing anything that the current GOP wants you to do is a recipe for disaster. In this case financial. >
  
  Go woke or go broke. >
  
  Republicans should not win this fight, and I also 100% doubt these corporations actual commitment to doing anything substantial with sustaining the environment. >
  
  No mention of Disney?  Oh wait, I guess that would destroy the entire point of the article. >
  
  It was focusing more on issues involving the federal government. The Disney situation was purely a state government stunt. It also differs from what the article is discussing because Desantis wanted his absurd move to get a lot of attention because he felt it would help him politically. The things in the article are much more under the rader and I think the Republucans really want to keep them as hidden as possible. When this isn't completely successful they'll try to spin what they are doing in a manner that they hope will get the support of their base but that isn't the point of what they are doing like it was with DeSantis and Disney. The point of what the Republicans are doing here is to please their big oil donors at the expense of everyone else (including the rest of the business community). >
  
  Disney has always been political. There’s a  percentage of their staff, especially in the parks, that’s part of the LGBTQ community. I love their whole conservative “go woke, go broke” campaign, it’s pathetic. Disney is smashing park attendance records and these people actually believe that there’s enough of them to make a dent in corporate profits. 
  Like you said, it’s all a stunt. >
  
  ESG.
  You know tailoring investment always from the things that are going to crush your portfolio when they fail?
  Fossil Fuels, water intensive farming, 18th century technology... >
  
  By attacking woke people the ones who can afford to shop at the business that republicans get donor money from is utterly stupid. Your hurting the companies bottom line what morons >
  
  Cause the Republicans aren’t really doing anything. Everyone with more than 2 brain cells has been telling the Oil & Gas industry to diversify since the early 90’s. It was more about peak oil issues but still. The industry has outright refused to commit to diversify their income streams away from oil. Basically the companies just had to cut their dividend payments in half for 2 years and put that money in various non oil assets. 
  Now it’s kinda late to make these moves cause renewables is a much more mature industry with well established players and basically every serious political party in the world considers climate change a fatal threat if mishandled. So all serious political parties in the world (except Republicans) are taking concrete steps to phase out ICEs which is the biggest market for the oil industry. Combined with Wall Street getting PO’d at the many US fracking companies that did not come thru on efficiency reductions in producing shale oil while receiving major loans for over a decade due to the promised efficiency. 
  The US financial industry is kinda low key pissed at the oil and gas industry for being blatantly short sighted on what the future of the oil industry will look like. Heck it’s only 7 years til 2030 when a lot of countries and cities will full on ban most ICE vehicles. >
  
  
  He has argued that it’s not just good for society but also good for investors — among them the company’s clients including pension funds, endowments and governments. 
  BlackRock spokesperson Dominic McMullan said many people have opinions on how its clients’ assets should be invested but that its fiduciary duty is to customers. BlackRock and other asset managers are developing ways for their clients to more directly vote on shareholder matters at companies in which they invest.
  "The money we manage belongs to them — not to politicians, activists, NGOs or commentators.”
  In the current political climate, it’s an argument that companies like BlackRock will mostly be making on their own.
  Republicans are rejecting Fink’s philosophy, arguing that it makes investor returns secondary to other causes, harms the energy industry and threatens the U.S. economy. They’re also leveraging it as a political weapon to bash the Wall Street elite. 
  “This is more about people feeling good at cocktail parties and flying out to their place in Tahoe and whatever else.” - Republican Rep. Bill Huizenga, who leads House GOP work on stock market issues
  
  It’s way past time to stop the business model of maximum profits. Need to get back to insane profits or just profits being fucking acceptable. Republicans trying to block green energy and the transition away from fossil fuels is insane. If states like Kentucky want to have a list of companies they will not do business with, because they don't support preferential treatment to fossil fuels, then that sucks for Kentucky. But to try and pull this shit for the entire country is mess upped. >
  
  I think the problem is not really that businesses are trying to maximize profits but rather that so many of them won't sacrifice any short term maximization of profits for what's good in the long term.