According to watchdog group American Accountability Foundation (AAF), Arizona is using its state pension fund to push a woke agenda.
The Arizona State Retirement System (ASRS) is using pension funds to back environmental, social and governance (ESG) shareholder resolutions on issues including race, gender, climate and politics.
Forbes describes the criteria for the ESG strategy as: Environment. What kind of impact does a company have on the environment? This can include a company’s carbon footprint, toxic chemicals involved in its manufacturing processes and sustainability efforts that make up its supply chain. Social. How does the company improve its social impact, both within the company and in the broader community? Social factors include everything from LGBTQ+ equality, racial diversity in both the executive suite and staff overall, and inclusion programs and hiring practices. It even looks at how a company advocates for social good in the wider world, beyond its limited […]
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