{"id":336666,"date":"2024-07-16T16:50:43","date_gmt":"2024-07-16T14:50:43","guid":{"rendered":"https:\/\/climatescience.press\/?p=336666"},"modified":"2024-07-16T16:50:45","modified_gmt":"2024-07-16T14:50:45","slug":"cfact-tells-ceos-to-stop-appeasing-radicals-and-get-back-to-business","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=336666","title":{"rendered":"CFACT tells CEOs to stop appeasing radicals and get back to business"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From CFACT<\/a><\/p>\n\n\n\n

By Craig Rucker<\/a><\/p>\n\n\n\n

The pushback against ESG, or corporate environmental, social, and governance policies is fully on \u2014 and it\u2019s working.<\/p>\n\n\n\n

CFACT and our allies are working to poke, prod, and shame companies into backing away from destructive policies of appeasement of leftwing climate and social pressure groups.<\/p>\n\n\n\n

Greg Neff spearheaded CFACT\u2019s efforts to make full use of the spring shareholder meeting season for publicly traded companies to put corporate CEOs on the spot.<\/p>\n\n\n\n

Greg publicly asked JP Morgan CEO Jamie Dimon<\/a> about his megabank\u2019s involvement with the Net-Zero Banking Alliance.  Agriculture officials from at least 11 states have said that ideologically blinkered net zero policies will lead to food shortages and huge price increases for consumers. \u201cIs it wise for this board to step outside its expertise and make commitments to push forward the NZBA\u2019s extreme agenda?\u201d Greg asked.<\/p>\n\n\n\n

Greg asked the CEO of State Street<\/a>, another megabank, his first question of the day, \u201cState Street was wise to pull out of Climate Action 100+. Can we now expect to see the company also start backing more viable energy sources like oil, gas, and nuclear as opposed to costly and unreliable solar and wind?\u201d<\/p>\n\n\n\n

Greg asked the CEO of Ford<\/a>, \u201cDespite the CEO\u2019s assurances that the next generation of EVs will be profitable, the fact is Ford\u2019s EV Unit lost $1.3 Billion in the first quarter of 2024. How is this not putting good money after bad when the American people have clearly shown that most have no interest in transitioning to electric?\u201d<\/p>\n\n\n\n

Greg asked  the CEO of GM,<\/a> \u201cGlobal Cadillac Vice President John Roth recently announced that the company was no longer pursuing a goal of eliminating the production of internal combustion engines by 2030. This is great news for many motorists who are not excited by electric vehicles. But is this about-face just a temporary thing, or will GM continue to resist the political pressure to impose electric vehicles on an unwilling public?\u201d<\/p>\n\n\n\n

Greg asked the CEO of Blackrock<\/a>, \u201cBarrons reported that in 2023, investors pulled more than $13 billion from US sustainable funds, and BlackRock saw a 12% reduction in gains compared to 2021 in this area. Is seeking to become a global leader via a sinking investment strategy that\u2019s on a downward trend a wise idea?\u201d<\/p>\n\n\n\n

Greg asked the CEO of Citibank<\/a>, \u201cIn light of bank failures such as Silicon Valley Bank that prioritized \u2018climate and sustainability\u2019, shouldn\u2019t Citigroup consider scaling back or eliminating its \u2018$1 Trillion Sustainable Finance Goal\u2019 in order to better protect its shareholders?\u201d<\/p>\n\n\n\n

This is important work, and companies are listening.  Often, companies start by dodging, for instance, by dropping terms such as ESG while keeping the negative policies in place.  However, increasingly, companies are making substantive changes and bringing their policies more in line with good sense, reality, and the interests of their shareholders and customers.<\/p>\n\n\n\n

CFACT is working to ensure that we can wave goodbye to peak leftism in our rearview mirrors.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The pushback against ESG, or corporate environmental, social, and governance policies is fully on \u2014 and it\u2019s working.<\/p>\n","protected":false},"author":121246920,"featured_media":336668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691827134,691821977,691818229,691818154,691829713],"class_list":["post-336666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-climate-action-100","tag-electric-vehicles-evs","tag-esg","tag-net-zero","tag-unreliable-solar-and-wind","fallback-thumbnail"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/07\/0NYSE-sunset-56a9a77d3df78cf772a940d1.jpg?fit=1500%2C1000&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1pA6","jetpack-related-posts":[{"id":248229,"url":"https:\/\/climatescience.press\/?p=248229","url_meta":{"origin":336666,"position":0},"title":"The ESG pushback is on!","author":"uwe.roland.gross","date":"03\/17\/2023","format":false,"excerpt":"ESG, or \u201cEnvironmental, Social and Governance\u201d investing, is a pernicious left-wing tactic designed to achieve policy goals that cannot pass legislatures by distorting investment decisions.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-618.png?fit=1200%2C931&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-618.png?fit=1200%2C931&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-618.png?fit=1200%2C931&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-618.png?fit=1200%2C931&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/03\/image-618.png?fit=1200%2C931&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":266359,"url":"https:\/\/climatescience.press\/?p=266359","url_meta":{"origin":336666,"position":1},"title":"Are we Finally Heading Toward ESG sanity?","author":"uwe.roland.gross","date":"07\/09\/2023","format":false,"excerpt":"All this is good news. The American people are showing they will not stomach the woke agenda these wealthy, powerful, unelected ESG promoters are imposing on them. We the People and our elected representatives have a right and duty to confront and, hopefully, put a stop to them.","rel":"","context":"In \"BlackRock CEO Larry Fink\"","block_context":{"text":"BlackRock CEO Larry Fink","link":"https:\/\/climatescience.press\/?tag=blackrock-ceo-larry-fink"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/07\/0ESG_picture.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":329491,"url":"https:\/\/climatescience.press\/?p=329491","url_meta":{"origin":336666,"position":2},"title":"BlackRock questioned by CFACT about ESG at shareholder meeting","author":"uwe.roland.gross","date":"05\/21\/2024","format":false,"excerpt":"BlackRock held its annual shareholder\u2019s meeting Wednesday, and CFACT, which owns stock in the company, sent a representative to voice concern over the company\u2019s longstanding support of Environmental, Social, and Governance (ESG) criteria.","rel":"","context":"In \"BlackRock\"","block_context":{"text":"BlackRock","link":"https:\/\/climatescience.press\/?tag=blackrock"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/08085b368cb8786cdcda2fbf3ad9e87dc.jpeg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/08085b368cb8786cdcda2fbf3ad9e87dc.jpeg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/08085b368cb8786cdcda2fbf3ad9e87dc.jpeg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/08085b368cb8786cdcda2fbf3ad9e87dc.jpeg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/05\/08085b368cb8786cdcda2fbf3ad9e87dc.jpeg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":330567,"url":"https:\/\/climatescience.press\/?p=330567","url_meta":{"origin":336666,"position":3},"title":"CFACT squares off with JP Morgan CEO at shareholder meeting","author":"uwe.roland.gross","date":"05\/30\/2024","format":false,"excerpt":"CFACT\u2019s Greg Neff directed a pointed question to CEO Jamie Dimon at a shareholder meeting on Thursday, May 23, taking aim at JP Morgan\u2019s involvement with the \u201cNet-Zero Banking Alliance\u201d (NZBA). 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