How well your state aligns with the environmental and social justice agenda is a new determining factor for S&P's investment score.
Progressive banks, asset managers, and regulators have successfully imposed the social credit system known as ESG, which stands for environmental, social, and governance, on corporations. In their latest move, ESG will now be applied to states as well.
On March 31, credit rating agency Standard & Poor’s (S&P) published its first ESG “Report Card” for every U.S. state. This has infuriated some state officials, who are demanding that S&P drop this scoring system.
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