CEO Daniel Cameron says ESG hurts consumers and shareholders alike. Businesses need to focus on producing high quality products, not pushing political agendas.
“If you think about this concept that we need to reestablish trust and free enterprise in the marketplace,” Marlow observed, “it feels like in America, this would be automatic. We would want that. But that’s not the case anymore because of the power of the ESG movements and the DEI movement.” Now we see left-wing wokism in the decision making at the top level of public companies. For example, we saw Disney crusade against a reasonable policy in Florida to protect kids, while at the same time promoting themes inappropriate for children in their productions. The result: box office flops.
Cameron notes that corporate wokeness not only hurts business results, it also is a negative for consumers holding traditional values.
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