{"id":12116,"date":"2022-06-26T15:00:00","date_gmt":"2022-06-26T21:00:00","guid":{"rendered":"https:\/\/gemstatepatriot.com\/blog\/?p=12116"},"modified":"2024-09-23T23:21:58","modified_gmt":"2024-09-24T05:21:58","slug":"the-esg-threat","status":"publish","type":"post","link":"https:\/\/gemstatepatriot.com\/blog\/the-esg-threat\/","title":{"rendered":"The ESG Threat"},"content":{"rendered":"\n<p>ESG is the acronym for environment, social, and governance. It was created by the World Economic Forum (<a rel=\"noreferrer noopener\" href=\"https:\/\/www.weforum.org\/agenda\/2021\/01\/how-corporate-boards-can-lead-on-esg\" target=\"_blank\">WEF)<\/a> and United Nations (<a rel=\"noreferrer noopener\" href=\"https:\/\/corpgov.law.harvard.edu\/2018\/10\/04\/un-sustainable-development-goals-the-leading-esg-framework-for-large-companies\/\" target=\"_blank\">UN<\/a>) initiative that integrates Sustainable Development Goals (<a rel=\"noreferrer noopener\" href=\"https:\/\/sdgs.un.org\/goals\" target=\"_blank\">SDG<\/a>) into business models with <a rel=\"noreferrer noopener\" href=\"https:\/\/www.investopedia.com\/terms\/e\/environmental-social-and-governance-esg-criteria.asp\" target=\"_blank\">criteria<\/a>. This is an <a rel=\"noreferrer noopener\" href=\"https:\/\/www.trilliuminvest.com\/esg\/esg-integration-criteria\" target=\"_blank\">ESG<\/a> example.<\/p>\n\n\n\n<p>Tommy Salmons wrote an excellent <a rel=\"noreferrer noopener\" href=\"https:\/\/libertarianinstitute.org\/articles\/esg-the-threat-to-liberty-you-havent-heard-of\/\" target=\"_blank\">article<\/a> for The Libertarian Institute that provides an explanation of ESG and why it is a threat to every one of us. <\/p>\n\n\n\n<p>This utopian vision of how ESG will force proper corporate behavior will trickle down to everyone where punishments will come if one doesn&#8217;t comply. Within the article is a nice graphic (<a rel=\"noreferrer noopener\" href=\"https:\/\/www.ethics.org\/wp-content\/uploads\/2021-ECI-WP-Guide-To-Environmental-Social-and-Governance.pdf\" target=\"_blank\">published<\/a> by the Ethics and Compliance <a rel=\"noreferrer noopener\" href=\"https:\/\/www.ethics.org\/\" target=\"_blank\">Initiative<\/a>) that shows examples of what is included in each ESG category.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a  href=\"https:\/\/gemstatepatriot.com\/blog\/wp-content\/uploads\/2022\/06\/esg_orig.jpg\" data-rel=\"lightbox-gallery-0\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" width=\"950\" height=\"680\" src=\"https:\/\/gemstatepatriot.com\/blog\/wp-content\/uploads\/2022\/06\/esg_orig.jpg\" alt=\"\" class=\"wp-image-12117\" srcset=\"https:\/\/gemstatepatriot.com\/blog\/wp-content\/uploads\/2022\/06\/esg_orig.jpg 950w, https:\/\/gemstatepatriot.com\/blog\/wp-content\/uploads\/2022\/06\/esg_orig-240x172.jpg 240w, https:\/\/gemstatepatriot.com\/blog\/wp-content\/uploads\/2022\/06\/esg_orig-768x550.jpg 768w, https:\/\/gemstatepatriot.com\/blog\/wp-content\/uploads\/2022\/06\/esg_orig-640x458.jpg 640w\" sizes=\"auto, (max-width: 950px) 100vw, 950px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p>For any decision a corporation makes, that decision must pass muster in each of these areas. Buildings and products must be environmentally friendly, the workplace must be managed according to the social criteria, and the corporation must ensure the governance of their operation is squeaky clean.<\/p>\n\n\n\n<p>This expectation for appropriate corporate behavior trickles down into a social credit system for us as <a rel=\"noreferrer noopener\" href=\"https:\/\/www.bitchute.com\/video\/lGpKfrBSi9XL\/\" target=\"_blank\">explained<\/a> by Dr. Vernon Coleman and as experienced by these Chinese <a rel=\"noreferrer noopener\" href=\"https:\/\/www.bbc.com\/news\/world-asia-china-61793149\" target=\"_blank\">protesters<\/a>.<\/p>\n\n\n\n<p>During the 2022 Idaho legislative session, ESG was being scrutinized for its potential harm to Idahoans. No bill was passed but a House Concurrent <a rel=\"noreferrer noopener\" href=\"https:\/\/legislature.idaho.gov\/sessioninfo\/2022\/legislation\/HCR052\/\" target=\"_blank\">Resolution<\/a> was created but did not make it through the session for passage. Aye and Nay voting on this by legislators is listed.<\/p>\n\n\n\n<p>Many Idaho corporations practice ESG including Clearwater <a rel=\"noreferrer noopener\" href=\"https:\/\/www.clearwaterpaper.com\/sustainability\/our-approach\/default.aspx\" target=\"_blank\">Paper<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/pchassets.blob.core.windows.net\/files\/PCH_2020_ESG_H_D.pdf\" target=\"_blank\">Potlatch<\/a>, and Union <a rel=\"noreferrer noopener\" href=\"https:\/\/www.up.com\/aboutup\/esg\/index.htm\" target=\"_blank\">Pacific<\/a> to name a few.<\/p>\n\n\n\n<p>ESG is a threat to our liberty. It exemplifies how daily lives can be monitored and tracked through digital technology such as a smartphone, and how that data can be used to determine how one is allowed to live. This is an issue for everyone to become familiar with for the next legislative session, and support the legislature in keeping ESG out of Idaho.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ESG is the acronym for environment, social, and governance. It was created by the World Economic Forum (WEF) and United Nations (UN) initiative that integrates Sustainable Development Goals (SDG) into business models with criteria. This is an ESG example. Tommy Salmons wrote an excellent article for The Libertarian Institute that provides an explanation of ESG [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":11375,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[1203,268,1011],"class_list":["post-12116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinions-op-eds","tag-esg","tag-un","tag-wef","cat-243-id"],"_links":{"self":[{"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/posts\/12116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/comments?post=12116"}],"version-history":[{"count":2,"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/posts\/12116\/revisions"}],"predecessor-version":[{"id":12119,"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/posts\/12116\/revisions\/12119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/media\/11375"}],"wp:attachment":[{"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/media?parent=12116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/categories?post=12116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gemstatepatriot.com\/blog\/wp-json\/wp\/v2\/tags?post=12116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}