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One of the titans of the new world vanguard is in its death throes. This is ESG—environmental and social governance. It’s the gun being held to the head of big corporations, forcing them to adopt environmental and social policies that often go against both profits and the interests of consumers.
Corporations love to wrap themselves in the flag with sun-drenched TV commercials that proclaim a deep devotion to American workers and communities. But when it comes to actually taking responsibility for supporting the workers and communities that create the conditions for corporate profits, a record number of big businesses are deserting America.
The idea that there is a “land grab” taking place in developing nations began with the publication of a report, Seized!, by the NGO Grain.
About 6 months ago, Coca-Cola declared that “Content is King, and the Corporate Website is Dead”.
News Corporation could increase its share of newspapers purchased in Australia’s capital cities to about 80% and have a weekday monopoly in all except Perth, ABC managing director Mark Scott has said.
