ESG scores -- Push the trans agenda or you can't get a loan anymore. This is why all these companies are doing it.

submitted by newguy from self.whatever

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[–][deleted] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (2 children)

Post of the month! Nice work newguy.

[–]Rah 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Not entirely new stuff though; a guy on Joe Rogan made very similar remarks in how its all accounted and companies now are so in need of banks they would rather lose customers and get a credit extension than otherwise. The only dunces are small-medium companies complying and getting zero bank incentives, not realizing its a cultural trap.

[–][deleted] 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (0 children)

Agreed, this is the slow boil, it has probably been in the works for 15 years.