Social Equity Garbage
- Rat Catcher
- Apr 12, 2023
- 3 min read
America is today bombarded with an increasing litany of abbreviations, many of which change almost daily, and nearly all of which are driven by Left-leaning advocacy groups. Whether it is LBGTQ+, some variation of that, ESG, or CEI, at their roots, all of these abbreviations serve as code words for those from the Left who are interested in bludgeoning the rest of us into submission.
The Human Rights Council, the main coordinator of LGBTQ+ organizations and advocacy has created a measurement of the degree to which companies comply with the goals of the LGBTQ+ community called the “CEI.” Those initials stand for “Corporate Equality Index.” According to the Human Rights Council, the CEI is a “national benchmarking tool measuring policies, practices and benefits pertinent to lesbian, gay, bisexual, transgender and queer (LGBTQ+) employees.” Exactly how a company is scored on the Index, or how it can improve or worsen its rating is left to the tender mercies of the Human Rights Council.
If you think that these abbreviations are mere memes for the Left, think again. Corporate America has embraced them as well and with enthusiasm. Morgan Stanley Capital International has even adopted a stock rating for investments that measures how closely a given company has hewed to the climate theology. It claims to be an “ESG” measurement. If you hope to attract institutional investors, particularly those who are “social conscious,” you’d better make sure that you rate as well on the MSCI Index as on the CEI. Several financial advising companies such as Blackrock and Fidelity promote ESG in their advisory services and, in the case of Blackrock, take very aggressive action to force companies in which it invests to adopt ESG policies as well.
So, exactly what does the MSCI/ESG index measure? To understand that we first must define what is meant by “ESG.” The real problem is that defining “ESG” is a lot like defining beauty. Most often, it is in the eye of the beholder or, in this case, the person/entity defining the abbreviation. That means the definition can, and does, change often and unpredictably at the whim of the forces pushing ESG. In its most simplistic form, ESG stands for Environmental, Social, and Governance. But virtually everyone who is interested in imposing ESG standards on the rest of us, has an agenda; an agenda that is often disguised in terminology that is designed not to offend and certainly not to warn the hearer/reader as to the real goal. The Left learned long ago that the person who defines the wors wins the debate. So it is with the ever-changing definition of ESG.
But, as the saying goes, the truth will out and it is beginning to “out” now. The blunt force of mandatory restrictions on air conditioners and gas stoves, drilling for oil and natural gas, and the restrictions on automobile exhaust emissions are starting to alert Americans to the ambitions of the climate zealots.
But of course the MSCI/ESG Index goes much further than just climate. It also embraces all of the perversions of the LGBTQ+ world. A week ago straight America was slapped in the face by the Bud Lite beer commercials featuring Dylan Mulvaney prancing around in an insulting parody on women. Anheuser-Busch Brewing Company, the owner of “Bud Lite” must be ruing the day they allowed their advertising agency to make the Delaney commercials featuring their product. Sales of Bud Lite have tanked. Ratcatcher was in the process of throwing out several cases of perfectly good beer when, during the Tucker Carlson interview with President Donald Trump, Carlson noted that the beer cans make perfectly good targets at 50 yards. We determined to see how they did when full of beer – pretty good!
The Bud Lite/Dylan Delaney travesty gave Ratcatcher a new idea. It is, to use the stock market term, a contrarian notion, but we deem it a good idea. Specially, Ratcatcher now intends to measure every investment and every purchase against the MSCI ESG Index as well as the Blackrock and Fidelity recommendations. If any of them recommend against or give the investment or company a negative grade, Ratcatcher will deem it a good buy. Contrarily, if the MSCI ESCG Index, Blackrock or Fidelity think the company or product is good, we’ll avoid it. If they are for it, it can’t be good for us; avoid it!
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