The Power of ESG

A lot of this is just old fashioned public choice economics. What you have are government regulators who wanna increase their power, and basically force companies to pursue their ideological agenda. You see now the left in progressives who see this as a way of accomplishing through anti-democratic needs that they can't get enacted through the democratic process. And finally, the managers themselves who see this again on this agency cost relationship as a wayof using the corporation's profile and prestige to raise their own brand. To be known as Duke orders, basically on the shareholders money.