Thread by @Starboy2079

Who is Behind Corporate Jihad (Thread)

When it happens in 1-2 companies, chase the individuals. But when it’s happening in many companies, chase the system

I did exactly

After deep digging, I found the real faces behind it

My complete investigation is in this thread

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The earlier criteria to find good companies was their financial but this criteria changed in 2004

The power of 18 powerful global investors
Brain of world Economic Forum
and influence of United Nations

Came together with a beautiful looking but dangerous plan

The birth of ESG

In Jan 2004, UN Secretary-General Kofi Annan wrote to CEOs of 55 of world’s largest financial institutions with an unusual invitation- join a joint initiative to determine how financial markets could better integrate environmental, social, and governance (ESG)

concerns into the business of capital allocation.

The response was remarkable. Eighteen leading financial institutions from nine countries came together. The result was a landmark report titled “Who Cares Wins: Connecting Financial Markets to a Changing World.”

And with this a new framework came for Corporate world - ESG

It was decided that for the investment in companies, not only financial but their ESG initiatives will also be taken care

Entry of ESG from NGOs to mainstream finance

Soon all fortune 500 companies adopted it

2015: The UN SDGs: Giving the “S” a Global Target Sheet

In Sep 2015, the UN General Assembly adopted 17 Sustainable Development Goals to be achieved by 2030, backed by all 193 UN member states.

Many of these UN SDG were integrated in 'Social' part of ESG also

SDG 5: Gender Equality
SDG 8: Decent Work
SDG 10: Reduced Inequalities
SDG 16: Peace, Justice

ESG reporting bodies like GRI and SASB rapidly integrated the SDG framework into their standards

“S” in ESG had a global scorecard. Now it needed institutions to enforce it

BlackRock’s “Purpose” Letter: The “S” Enters the Boardroom

Here came the entry of BlackRock and Vanguard

In January 2018, Larry Fink published his annual letter to the CEOs of the companies BlackRock invested in. Its central argument was that every company needed a sense of

social purpose, not as a side activity, but as a condition of its legitimacy.

when the CEO of a $6 trillion asset manager said it in a letter that every major corporate board in the world would read

With this it became mandatory for every company to comply ESG norms

What is ESG? Simple breakdown 👇

ESG stands for Environmental, Social & Governance.
It’s how companies are judged beyond just profits:
• Environmental: Impact on climate, pollution, waste & sustainability
• Social: How they treat employees, customers, communities & human rights
• Governance: Ethics, transparency, board independence & anti-corruption

Big global investors now pour money only into companies with strong ESG scores.

2019: WEF’s “Stakeholder Capitalism”

Stating that companies must serve a social purpose was one thing. Measuring whether they actually did was another

Working in partnership with the Big Four accounting firms, Deloitte, EY, KPMG, and PwC and Bank of America, the WEF’s International Business Council (IBC) set out to develop a universal set of ESG metrics that companies could report against regardless of their industry or geography.

2020: The Davos Manifesto

The manifesto made explicit what Fink’s 2018 letter had implied

Later in Sep 2020, the WEF published the landmark report “Measuring Stakeholder Capitalism

It released 21 core ESG metrics and 34 expanded metrics

2022: COVID-19 and George Floyd

WEF used these incidents as driver of global reset and aggressively pushed more draconian ESG to all companies of the world

After Floyd’s murder, nearly 1,400 Fortune 1000 companies pledged a combined $340 billion toward fighting racial injustice

S became most powerful in ESG (Which was always plan of Globlist)

“S” in ESG did not remain just about gender metrics and health and safety it became about systemic racism, racial equity, and the lived experience of minority employees inside corporate structures.

BlackRock’s 2021 Letter: “Climate Risk is Investment Risk” - and So is Social Risk

BlackRock had the voting power to remove board directors. And Fink was now explicitly stating that social and sustainability failures, inadequate disclosure, insufficient DEI progress

poor labour practices would result in BlackRock voting against directors at the companies it held.
This was not advocacy.
It was enforcement.

If you are patiently reading my thread, you must have observed, how it started in 2005 as voluntary became enforcement by 2022

Now lets talk about ESG's journey in India

2009: Ministry of Corporate Affairs (MCA) issued Voluntary Guidelines on Corporate Social Responsibility in 2009. These were entirely voluntary and had no specific provisions on caste or religious discrimination

2012: SEBI passed a Board resolution mandating the top 100 listed companies to report on their ESG performance through a Business Responsibility Report (BRR), forming part of their annual reports. The SEBI directive took effect from the fiscal year 2013–14

2015-19

The applicability of BRR was extended to the top 500 listed companies in 2015–16 and to the top 1,000 listed companies by December 2019.

Now More companies were drawn into the ESG reporting net, but the content on social inclusion remained largely aspirational

2019

India accepted the WEF's resolutions
National Voluntary Guidelines (NVGs) were upgraded to National Guidelines on Responsible Business Conduct (NGRBC)

One of the principal was - respect and promote human rights

it opened door for issues of caste and religious equality to be framed as business obligations, not just charitable choices

2021: SEBI replaced the BRR with the Business Responsibility and Sustainability Report (BRSR), a comprehensive framework requiring listed entities to report on ESG indicators from FY 2022–23 onward

July 2023, SEBI launched the BRSR Core

But if you compare Indian standards of ESG, these were still not as strict as USA and EU

So pressure was created on India
Fake articles were planted, fake reports were generated to force India to implement hardcore ESG

Oxfam India Discrimination Reports (2022) was one of them

The report brought insights into discrimination faced by Scheduled Tribes/Castes, Muslims and women in employment, wages, agricultural credit markets, and inpatient healthcare including a dedicated chapter on the impact of the pandemic on social groups and minority communities

Now comes the Corporate Jihad

The companies that fully work in India, they just need to follow Indian ESGs

But those companies
Whose major business come from US and Europe
Which have global investors
Which use global logistic, shipping companies

They need to use Western ESG

And here comes the entry of Corporate Jihad

Western concepts of white supremacy, racism, multiculturism converts into Corporate jihad in Indian version of American ESGs

ESG has nothing to do with Society. Its a Deep State conspiracy to use the same left toolkit in Corporates that they were using by their NGOs to dismantle existing societies and kill compitition

Trump banned DEI in USA in 2015

What should we do?

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