Elon Musk has made it clear that when it comes to woke culture, he has no time or patience for it. To be sure, social justice advocacy is effectively a business holding itself back in many ways in order to please a political fad of the time.
One thing Musk seems to have a very real aversion to is the “Environmental, Social, and Governance” (ECG) standards which are effectively a leftist activist’s wishlist for corporations to check off so activist investors know who to put their money into. Not following these standards may wind up with your corporation being targeted by activists and a lot of bad PR.
True to form for leftist activists, however, they’ve jumped on the bandwagon of wanting war with Russia in order to protect Ukraine and as such, ESG funds are now being directed towards defense companies who make weapons that fight hostile regimes according to entrepreneur Marc Andreessen.
Odd that the left, famous for going to extremes to protest wars, is now embracing it. Moreover, as Andreessen points out, they will help fund a war against energy-producing companies but won’t invest in energy companies.
