What’s Your Social Credit Score?
Consider this: what happens when the federal government begins to track the purchases of American citizens?
Oklahoma bans more than a dozen woke banks from doing business with the state
Oklahoma State Treasurer Todd Russ is planning to announce the sweeping measure Wednesday morning which represents one of the most aggressive actions any state has taken against banks pursuing so called environmental, social and governance (ESG) initiatives. The move ultimately blocks the banks from managing billions of dollars in Oklahoma pensions, investments and other state entities.
Insurers Flee From Woke ESG Initiatives
Zurich Insurance Group, along with Hannover Re and Munich Re, recently backed out of the Net Zero Insurance Alliance. Munich Re cited what it called the “material” legal risks it would face if it remained. All three said they’ll still pursue net zero goals, just not in coordination with an alliance.