Glenn Beck Explains ESG Corporations Going WOKE

Glenn Beck Explains ESG Corporations Going WOKE

Glenn Beck Explains ESG Corporations Going WOKE

What are ESG scores and how are they being used by global organizations to manipulate our nation’s largest corporations?

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Glenn Beck Explains ESG Corporations Going WOKE

EXPLAINED: ESG scores are why EVERY corporation is going WOKE

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Mar 31, 2021
 
 
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What are ESG scores and how are they being used by global organizations to manipulate our nation’s largest corporations? Glenn is joined by Justin Haskins, executive director of The Heartland Institute, and together they explain how ESG scores work and why they’re so dangerous to not only our free economy — but to YOUR freedoms as well. Are ESG scores the answer to WHY so many corporations suddenly are going WOKE? Watch Glenn explain the ‘S’ in ESG, tonight at 9pm ET only on BlazeTV.com. ► Click HERE to subscribe to Glenn Beck https://bit.ly/2UVLqhL ►Click HERE to subscribe to BlazeTV: https://www.blazetv.com/glenn Connect with Glenn on Social Media: http://twitter.com/glennbeck http://instagram.com/glennbeck http://facebook.com/glennbeck

Glenn Beck Explains ESG Corporations Going WOKE

Glenn Beck Explains ESG Corporations Going WOKE

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VIDEO TRANSCRIPT

00:00
we have justin haskins uh
00:03
on with us he is the editorial director
00:06
and research fellow
00:07
at the heartland institute he’s also a
00:09
researcher of mine and co-author of a
00:12
new book
00:13
that is taking us a little longer than
00:15
we expected because
00:16
the more we dig into it the more we find
00:20
uh and it is called the great reset
00:23
justin welcome to the program thanks for
00:26
having me glenn
00:27
it’s great to talk to you i asked pat to
00:30
come in
00:31
along with stu because they are more
00:34
we’re in the weeds and i’d like them
00:37
to be here and ask the questions that
00:40
the person who really doesn’t understand
00:42
what’s going
00:44
may be asking you just went in and you
00:47
opened a merrell lynch account
00:49
yesterday correct i did
00:52
i absolutely did yes and you’re going to
00:56
talk to us about
00:57
the scores that you found before we get
00:59
into it
01:00
i want to uh tease here just a bit and
01:03
then i want to talk to you about it
01:05
i got a bang i got a call from one of
01:07
the big five banks in america
01:09
uh and they
01:13
intimidated or intimated that they
01:15
wanted me
01:16
to make a correction uh on the show
01:19
when they left the message when i got
01:21
back to them
01:23
they didn’t want a correction in the
01:24
show they said everything that we said
01:26
that was accurate except that’s not what
01:29
they’re doing
01:30
and we said well help us out where do we
01:32
need to correct it
01:34
well no it’s it’s no we don’t need a
01:36
correction it’s
01:37
it’s not that there anything was said
01:39
that was wrong
01:40
it’s just not what we’re doing and i
01:43
want to go into that conversation with
01:45
you
01:46
in a in a little while but first take
01:49
the boys through esg
01:52
right so so the most important thing to
01:55
understand about
01:56
esg standards that’s esg environment
01:59
social and governance standards
02:02
is they are a metrics that you a metric
02:05
system that you build on top of
02:07
existing ways that you evaluate
02:10
companies so instead of just looking at
02:11
how much money a company makes instead
02:14
of looking at how good their products
02:15
and services are and customer
02:17
satisfaction and all of that you add on
02:19
top of it
02:20
all of this social justice woke stuff so
02:23
how green are you and uh you know how
02:26
many women do you have in management
02:28
and what’s the pay gap between the
02:30
highest paid person and
02:32
and uh the lowest pay person all these
02:34
kinds of things and then
02:36
you provide a numerical score based on
02:40
these things
02:40
it’s usually a numerical score sometimes
02:42
there are other ways of doing it but you
02:44
provide a score
02:45
and that allows you to evaluate
02:47
companies that maybe don’t make a whole
02:49
lot of money but they’re really woke
02:51
and that means more to us than just
02:54
being a company that
02:55
makes money and people actually like so
02:58
that’s what the esg system is designed
03:00
to do
03:01
it’s designed to provide you with a way
03:03
to see
03:04
how you know which companies are the
03:06
good companies and which companies are
03:07
the bad companies based on these social
03:09
justice
03:10
and environment metrics
03:12
[Music]
03:14
so take me to uh take me to
03:18
who is who is making these judgment
03:22
calls
03:23
what what is the agency that is saying
03:26
uh this is you know bad this is good
03:30
right so there are a whole bunch of
03:33
different
03:34
people out there they’re all pretty much
03:35
part of the same cabal that are doing
03:37
these different rating systems
03:39
the biggest one the one that i think is
03:41
going to become the prominent system is
03:43
is being produced by a group in the
03:46
world economic forum these are the big
03:48
great reset people it’s led this group
03:52
uh the international business council i
03:54
believe is the name of it is led by the
03:55
ceo of of bank of america brian moynihan
03:59
and they produced a report with the
04:01
world economic forum back in september
04:04
that created a an elaborate esg system
04:08
that they think
04:09
basically all of the major companies in
04:10
the world should adopt
04:12
and it includes i think 20 core metrics
04:16
and 30 expanded metrics
04:18
and in to give you some sense of like
04:21
what is in this
04:22
set of metrics in the social metrics
04:24
section one of them is
04:26
the percentage of employees per employee
04:29
category
04:30
by age group gender and other indicators
04:33
of diversity
04:34
the ratio of the basic salary and
04:37
remuneration for each employee category
04:39
by significant locations of
04:41
operation boy you gotta love how they
04:43
write this stuff
04:44
for priority areas of equality such as
04:47
men to women
04:48
minor to major ethnic groups and other
04:50
relevant equality areas
04:53
so in other words if you don’t have the
04:54
right ratio of asians to hispanics or
04:57
whatever
04:58
then that means you get a lower score
05:00
and there’s a whole bunch of these
05:02
things i mean there’s dozens and dozens
05:03
and dozens of these metrics
05:05
and they can essentially be whatever the
05:07
heck they want them to be they can
05:08
change them at any given time
05:10
and all cover the union cover cover the
05:12
union one
05:14
sure uh one of the social metrics is the
05:17
percentage of active workforce
05:20
covered under collective bargaining
05:22
agreements
05:23
so that’s just another way of saying the
05:24
percentage of your employees
05:26
who are in a union in effect so if you
05:29
don’t have a lot of union employees
05:31
proportional to the size of your
05:32
business then you’re not going to get a
05:34
high esg score
05:36
and the the whole reason that these
05:38
companies are doing this
05:40
well there’s two reasons i think the
05:42
first is they see that this is the way
05:44
the world is moving and they know that
05:46
governments are going to start
05:47
requiring these esg scores and there’s
05:50
been all sorts of regulatory movements
05:52
over the past
05:53
couple of years suggesting that that’s
05:54
going on including very recently
05:56
at the sec but the other thing is that
05:58
there’s tons and tons of money already
06:01
behind it
06:02
the estimates range from 30 trillion
06:04
dollars all the way up to over a hundred
06:07
trillion dollars depending on the group
06:08
you’re looking at
06:09
of governments and investors who are
06:11
saying we are only going to invest in
06:13
these kinds of companies
06:15
and so with all of that money floating
06:16
around if you’re a business
06:18
why the heck would you try to compete
06:20
with people to have the best product and
06:22
service when you can just be woke
06:24
and get all of this money flowing into
06:25
your coffers that way
06:27
and that’s what makes this so dangerous
06:29
so recently we’ve heard all kinds of
06:31
things about what coke is doing
06:32
to be woke to be diverse uh
06:36
and now this seems to explain all that
06:39
right this is
06:39
this must be what is behind uh coke’s
06:42
motivation to be
06:44
uh requiring the race quotas in their
06:48
leadership and all of those kinds of
06:49
things
06:50
that’s exactly right yeah coke actually
06:52
in its annual report
06:54
talks about its esg scores coke has a
06:56
whole system of esg scores and esg
06:59
auditing they actually have people
07:00
working at coke that make sure that
07:02
that they’re following these esg scores
07:04
so that they get a really good score by
07:06
these different rating
07:07
agencies and how exactly
07:10
does the esg score help them i mean who
07:14
is looking at these scores and
07:16
is it who who is
07:19
like behind this then why do they care
07:21
about their esg score
07:24
right well it started this whole idea i
07:28
think
07:28
started and there’s some dispute as to
07:30
when this began but
07:32
i think it started out of the united
07:34
nations
07:35
sometime between 2000 and 2010
07:38
this idea and the idea was how do we get
07:40
businesses
07:41
to go along with our agenda if we can’t
07:43
get governments to impose our agenda
07:46
and the whole idea behind the esg system
07:49
is that they want to take the
07:50
sustainable development goals from the
07:52
united nations that’s like
07:53
agenda 21 agenda 2030 all that stuff
07:57
and they want to figure out a way to get
07:58
that into the bloodstream of
08:00
the corporate universe and the way that
08:03
they figured that they could do this
08:05
is by getting investors and central
08:08
banks
08:09
and the imf and world bank and
08:12
united nations and all these people to
08:14
get behind this and say we’re only going
08:16
to support you
08:18
big corporation if you agree to follow
08:21
through with these esg standards and to
08:23
adopt these things and to live by it
08:25
and if you do then essentially we’re
08:27
going to take care of you we’re going to
08:29
make sure the money keeps flowing in
08:30
your direction
08:32
and that’s exactly what’s happened and
08:34
they’ve actually been building this
08:35
whole esg infrastructure behind the
08:37
scenes
08:38
no one’s noticed it really over the past
08:41
10 years or so to the point where all of
08:44
the major corporations that you can
08:45
think of
08:46
for the most part already have this
08:48
system in place it’s already there
08:50
so we just didn’t before i go to a break
08:53
let me just
08:55
see if all of these fit into this
08:57
category let me give you some stories
08:58
that have broken in the last couple of
09:00
days
09:01
gofundme yanks page run
09:04
by virginia parents fighting woke
09:07
curriculum
09:08
so gofundme saw this fundraiser for
09:11
these parents and they’re like we need
09:12
your help to fight
09:14
this critical race theory in our schools
09:17
go fund me
09:18
yanked it is that just their opinion or
09:21
is it possible that this is all about
09:25
uh esgs i think that
09:28
virtually every decision that big
09:31
corporations are making today
09:33
is related to esg’s esgs including that
09:37
example that you just gave i think
09:38
they’re all related to esg standards
09:41
uh corp home depot co-sponsored a
09:44
website
09:46
citing the southern poverty law center
09:48
and the 1690
09:50
project so they’re putting out they’re
09:53
putting
09:54
helping fund the poison of the 1619
09:57
project woke or esg
10:02
without question esg
10:05
uh let me give you um
10:08
let me give you this one uh president
10:12
uh biden says the private sector
10:16
should lead on vaccine passports
10:22
yeah i mean that’s a huge that’s a huge
10:24
topic
10:25
amongst all of the great reset people
10:27
who are deeply involved in this
10:30
they absolutely have been they’ve been
10:31
pushing for that since the beginning of
10:33
the pandemic
10:35
um so this is a world uh
10:39
organization or the global the world
10:41
economic forum
10:42
that has wanted these kinds of things
10:45
that biden
10:46
is saying to libertarians delight
10:50
the government shouldn’t do this but
10:52
they don’t libertarians don’t understand
10:54
this is part of a much bigger government
10:57
that is coming
11:00
yes that’s exactly right and joe biden
11:02
has been involved with these people
11:04
for many many years he’s a big supporter
11:07
of this entire system that’s called
11:09
stakeholder capitalism is another way
11:11
that they
11:12
they reference this uh the head of the
11:14
world economic forum the most visible
11:17
uh vocal supporter of the great reset
11:20
internationally a guy named klaus schwab
11:22
when joe biden created the biden
11:25
institute which i know you all are very
11:27
familiar
11:28
with at the university of delaware
11:32
that he brought in klaus schwab because
11:34
he he wanted to figure out how he could
11:37
make that the world economic forum
11:39
of the united states and there’s all
11:42
sorts of articles about that online that
11:43
you can find so
11:44
joe biden uh john kerry openly says that
11:48
he supports the great reset that joe
11:49
biden supports the great reset john
11:51
kerry has made comments to that effect
11:52
within the past few months
11:54
and he’s also said at a world economic
11:57
forum meeting this is john kerry
11:59
said that under joe biden the great
12:02
reset meaning all of this stuff
12:04
uh with esg standards and printing of
12:06
money and all of this that goes into it
12:08
is going to happen and that it’s going
12:10
to happen with greater intensity and
12:13
faster than most people realize
12:15
and so this is all right everything
12:16
we’re seeing over the past few months
12:18
is was was all in the works for a very
12:22
long time and it’s not surprising at all