Environmental, social, and governance (ESG) scores are a Trojan horse for left-wing totalitarianism; yet, the American right was largely caught off guard by its sudden rise. The world’s largest private capital firms, government institutions, and NGOs have discovered, seemingly in concert, the need to remake the global economy in the image of this arbitrary left-wing metric, which poses a serious threat to ordered liberty the world over.
Tellingly, the proponents of ESG value quixotic goals such as carbon dioxide emissions reduction above sensible environmental protections and conservation. ESG’s “social” goals are even more nebulous, as social justice itself is entirely subjective. However, the point of ESG is not actually to improve the environment or protect social justice. In reality, the point is to establish control over the many by the few.
What the radical Left could not achieve by force with the typical levers of government power, it is now poised to accomplish with nominally public-private enterprise partnerships. This new strategy has confused the conservative and libertarian response. If such heavy-handedness were attached to the arm of the state, free-market organizations and policymakers would mobilize quickly against it. Coming primarily from the private sector, however, has forestalled an effective response to the ESG agenda.
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