In their view, business should be forced to be transphobic and ignore climate change.
ESG
Posted inBooks
Big Consulting’s New Con
ESG and sustainability are the latest manifestations of a tried-and-true strategy for the consulting industry.
Posted inEconomic Policy
The Working-Class Roots of ‘Woke Capital’
Workers provide the bulk of the money invested by asset managers, but do not have control over those investments.
Posted inEnergy and the Environment
Wall Street’s Big Bet on Rewiring America
Ithaca has put its Green New Deal in the hands of a green private equity fund, a private foundation, and a Goldman Sachs–backed software company.
Posted inEconomic Policy
Labor Slams Pensions for Burnishing Image of Private Equity
As KKR shops around a new ESG fund, top investors are helping promote its image as a socially responsible investor.
Posted inEconomic Policy
Progressives Want to Ban Trading of California Water Futures
A new bill would prevent traders, farmers, and industrial users of water from betting on price swings.
Posted inEnergy and the Environment
Private Equity’s Favorite Failing Coal Plant
The saga of Longview Power shows the extent of private equity’s interest in coal power.
Posted inEconomic Policy
What ESG Investing and Ozy Media Have in Common
How much longer can we afford to believe the promise of sustainable investing?
Posted inEconomic Policy
Plumbing the Depths at the SEC
It’s not enough to just get a new progressive chair. All of the key staff positions are also worthy of attention.