@pcachu @ooignignoktoo Indeed, but the former does not follow the latter.
ESG funds are no doubt being closed because their returns, or very possibly losses are in Bidenomics too expensive for enough people’s tastes. Compare to interest rates you can get elsewhere, including in “super safe” Treasuries.
But DEI inside a company is much less overt, in most cases it’s harder to point to cause and effect. You’ll seldom get something so clear as the Bud Light advertising debacle; I can see it bears at minimum a fair amount of responsibility for Intel’s current plight, but that took reading a lot of materials and verboten noticing of an incompetent pajeet. (More was probably due to a while SJW CEO doing other very stupid and likely anti-white layoffs and the like.)
And note Anheuser-Busch protected the responsible people, last time I checked we’re not even sure if they’ve been fired, and continued to wave their gay flag here and there while at the same time making “we’re patriotic Americans!” adverts. “SJWs always double down….”