Two major announcements happened this week that point to an overall shift among mega-corporations, especially of the international variety, as they announce incentives, well-funded incentives, to align with the U.N’s global “woke” agenda that hides behind innocuous words like equity, diversity, social justice, democracy, and racial justice. One is from Bank of America, who is going all in on “sustainable investments,” and another is from Citizens Financial Group, who plans on committing $50 billion to “ESG Financing.”
Bank of America has announced a $1.5 trillion push towards “sustainable investments.” BOA managing director Karen Fang said “We think we can achieve $1.5 trillion in sustainable investments in 10 years in a responsible and disciplined manner consistent with our responsible growth strategy,”
Citizens Financial Group is looking to commit $50 billion to “sustainable financing” by 2030, hoping to achieve “carbon neutrality” by 2035. They also plan on having bankers lecture to businesses about being more aligned with U.N Climate Change goals, meaning they plan on aggressively shaking down their clients to comply or face financial consequences.
More and more major financial organizations are adopting this model of “sustainable financing,” which is a dog whistle for what this writer calls corporate Woketarianism, a version of the woke virus that ultimately preserves the power of the elites while marketing to the “disenfranchised,” promising Utopia on the other side of the mess that must be made now to purge the land of the old things that stood in the way of human excellence, or words to that effect.
Sustainable financing means punishing the businesses that don’t bend to the ideology, not just when it comes to the climate, but when it comes to all aspects of human being, including race, gender, religion, and politics. It’s not enough for these oil companies to drill responsibly, they must do so with an HR department manned by politically approved woketarian activists who can assure compliance is met from within, like a trade unionist leader assigned by the corporate state (which some might say sounds a lot like fascism, because, well, it is).
About Author
Paul Collier
Paul Collier is the editor of The Freedomist newsite, our Weekday Reports, and our Monthly Publication, Freedomist Intelligence Advisor (previously McAlvany Intelligence Advisor). He has been involved in news publishing since 2003.
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