officialstreetpreachers Subscribe
Published: July 28, 2022

DeSantis imposes new regulations against social credit standards for woke corporations

By The Editor

Thu Jul 28, 2022 – 5:47 pm EDT

You’re invited! Join LifeSite in celebrating 25 years of pro-life and pro-family reporting at our anniversary Gala August 17th in Naples, Florida. Tickets and sponsorships can be purchased by clicking here

(LifeSiteNews) – Florida Republican Gov. Ron DeSantis is taking aim at yet another component of left-wing activists’ takeover of American culture, announcing new legislation to curtail the influence of environmental, social, & governance (ESG) standards on the business world and calling on other states to do the same.

ESG, a scoring system that incentivizes investing in companies not on the basis of their performance for customers and shareholders but rather on their fealty to so-called “social justice” principles such as diversity and environmentalism, is one of the reasons why so many once-apolitical businesses have in recent years taken stances on issues ranging from homosexuality and transgenderism to race relations to even abortion.

During a Wednesday press briefing, DeSantis announced he would be working with the Florida Legislature to enact new legislation curbing ESG, starting with prohibiting large banks credit card companies, and other payment processors from discriminating against customers on the basis of political, religious, or social

The remainder of this article is available in its entirety at LifeSite News

The views expressed in this news alert by the author do not directly represent that of The Official Street Preachers or its editors


Share this Article

Download the Mobile App.
Exit mobile version