Elon Musk SLAMS Corporate Woke ESG Standards as ‘the Devil Incarnate’

Billionaire and Tesla CEO Elon Musk slammed woke corporate policies as “the Devil Incarnate” on Twitter. 

Is the world’s richest man, worth $298 billion according to Forbes, totally based now? 

Musk has recently been a big name in business. tweeting, “I am increasingly convinced that corporate ESG is the Devil Incarnate,” on April 3. According to Investopedia ESG refers to environmental, social, and governance principles.

Recent years have witnessed a boom in investments in companies with ESG principles such as BlackRock, Microsoft and other financial institutions. 

I’m becoming more convinced that ESG in corporate is the Devil Incarnate

— Elon Musk (@elonmusk) April 3, 2022

ESG rules: What’s so evil about them? Blaze Media co-founder Glenn Beck explained that ESGs will extend the government’s hand even further into the pockets of small businesses and families on the Jan. 19 episode of The Glenn Beck Podcast. 

https://www.youtube.com/watch?v=bbNcx4rsAfk

Beck stated that ESG funds can be compared to Chinese Communist Party social credit scores. “Basically, if a bank or a company doesn’t meet the standards of those three metrics, then they’re given a low grade that looks similar to a credit score,” he said.

Beck said that Beck is not talking about a credit score as such. “What happens when you get a low or failing credit rating?” Beck asked. “Well, you’re locked out because that’s not the direction the world is going. And so you become a risk to the bank and to the community.”

According to Beck, this means that individuals could also be subject to ESG regulations if their actions are not in line with the ESG guidelines for gay rights and climate change.

While the mighty CEO of BlackRock Larry Fink postured himself as a capitalist in his 2022 Letter to CEOs, he also touted ESGs and claimed that “climate risk is investment risk.”  

But wokeness isn’t the only problem with ESGs, it seems. The Associated Press (AP) reported that a Los Angeles judge ruled on April 1 that mandating corporations in California “diversify their boards with members from certain racial, ethnic or LGBT groups is unconstitutional.” 

Some Californians may be becoming more aware of the dangers associated with ESG regulations. 

Musk’s comments followed on the heels of a March 21 Washington Post report that revealed a proposed ruling by a powerful government agency, the Securities and Exchange Commission (SEC), would mandate “hundreds of businesses report their planet-warming emissions in a standardized way.” 

Unsurprisingly, The Post celebrated the news as a reflection of President Joe Biden’s so-called leadership in fighting climate change. 

At least one reporter suggested that the SEC’s proposed rule would create a boon for the ESG industry. Bloomberg Opinion columnist Matt Levine wrote in an article headlined Everyone Wants to Do ESG Now, “Man is [the SEC’s decision] going to create a lot of ESG jobs.” 

Conservatives under attack For more information, contact ABC News (818) 460-7777 or CBS News (212 975-3243) and NBC News (212 664 64192) and ask them to report on corporate-imposed ESGs.