Investigating Power
After years of criticizing progressives for shareholder activism focused on social justice and environmental concerns, right-wing groups and ideologues are embracing the same strategy themselves.
One in every four members of the State Financial Officers Foundation (SFOF)—the group of Republican state treasurers, auditors, and other financial officers on the frontlines of the campaign against “woke capitalism”—has been a member of the American Legislative Exchange Council, the Center for Media and Democracy has found.
In his keynote address at The Heartland Institute’s International Conference on Climate Change, Utah Treasurer Marlo Oaks—a longtime investment banker prior to being appointed state treasurer in 2021—proclaimed key similarities between Hitler’s drive to create a uniform Aryan society and the desire of “global elites” to implement uniform investment practices.
The Center for Media and Democracy (CMD) is launching a new website, SFOFExposed.org, to expose the State Financial Officers Foundation’s role in legitimizing the latest front in the Right’s culture wars.
An oil and gas industry group recently urged the board of directors of the American Legislative Exchange Council—the right-wing corporate bill mill—to reconsider adopting a model policy that would blacklist companies that limit their business with fossil fuels
Koch Industries and its funding vehicles funnel millions to groups that are decrying “woke capitalism” and attacking the investment giant BlackRock for its leading role in ESG investing. Yet that hasn’t stopped the company’s subsidiaries from partnering with BlackRock to invest in technology startups.
Koch Industries reaps the benefits of more than $38 million in local and state tax rebates, tax reductions, and grants in 2021 and 2022.
From riot gear to PR to Dairy Queen, records show every expense Enbridge reimbursed after the Line 3 protests.
Over the past two years, Koch Industries and its astroturf political arm, Americans for Prosperity, have spent millions lobbying Congress to kill President Biden’s agenda, with the Inflation Reduction Act and its stalled predecessor, Build Back Better, among its top targets.
West Virginia’s Attorney General Patrick Morrisey (R), a leading critic of investing that incorporates environmental, social, and governance (ESG) factors, is considering a U.S. Senate rematch against incumbent Senator Joe Manchin (D) in 2024.