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Will Hild Profile picture
@WillHild
May 18 • 5 tweets • 2 min read Twitter logo Read on Twitter
Today, the @politico Energy Summit will be bringing some of the most prominent ESG activists to Washington, DC.

So, we thought we'd say hi and send some mobile billboards to the summit, to remind attendees what ESG *actually* stands for:

washingtontimes.com/news/2023/may/…
"ESG" stands for Erasing Savings & Growth: Image
"ESG" stands for Elitists, Socialists and Grifters: Image
"ESG" stands for Enabling Slave labor & Genocide: Image
My full statement:

“While ESG elites are convening in Washington, D.C. to pat themselves on the back for how great ESG is, we will be reminding them of what their far-left ESG agenda really means. The Biden Administration and woke corporations continue to push an activist… twitter.com/i/web/status/1…

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More from @WillHild

Will Hild Profile picture
Mar 23
TikTok CEO Shou Zi Chew likely just lied to Congress, claiming that TikTok's parent company is not "owned or controlled" by the Chinese Communist Party.

There's strong evidence to the contrary, allow me to explain: 🧵
ByteDance was founded in 2012, incorporated in the Cayman Islands and headquartered in China.

It was created by two college roommates who attended Nankai University, a Chinese university overseen by the CCP's Ministry of Education.
Zhang Yiming, one of the co-founders of ByteDance, served as CEO from 2012 - 2021.

Then, in 2021, Yiming suddenly stepped down and the other co-founder, Liang Rubo, assumed the CEO role.

That same year Chew Shou Zi (current CEO of TikTok) joined the company as ByteDance's CFO.
Read 9 tweets
Will Hild Profile picture
Mar 21
BREAKING: 16 AGs, led by Utah AG @SeanReyesUT, have sent a letter to the the Treasury, Federal Reserve, FDIC and Comptroller of the Currency accusing them of contributing to the collapse of SVB by prioritizing the ESG agenda over sound banking practices.

foxnews.com/politics/biden…
As the situation continues to unfold regarding the collapse of the Silicon Valley Bank, one thing remains clear, businesses that are focused on ESG investing and woke capitalism are putting their consumers at high financial risk.
SVB unapologetically put environmental activism and identity politics over risk management, which led to its demise.
Read 5 tweets
Will Hild Profile picture
Mar 1
BREAKING: The Senate just joined the House in voting to strike down the Biden Administration's new ESG rule that allows/encourages asset managers to consider ESG criteria when making retirement investment decisions.
For too long the intentionally obtuse investment strategy known as ESG has been used as a progressive weapon to reshape American culture and force partisan action in areas of life that have traditionally been free of political activism.

(1/3)
Today, Congress sent a clear, bipartisan message to the Biden Administration and Wall Street elites that the American peoples’ voice is being heard and we will no longer allow the administrative state and their billionaire buddies to weaponize our retirements against us.

(2/3)
Read 4 tweets
Will Hild Profile picture
Feb 28
BREAKING: The House of Representatives, under the leadership of @SpeakerMcCarthy, has officially voted to strike down the Biden Admin's new Department of Labor rule allowing/encouraging asset managers to consider ESG criteria when making retirement investment decisions.
.@SpeakerMcCarthy and @HouseGOP stood firm in support of the American people by rejecting President Biden’s attempt to further politicize their retirement dollars.

(1/3)
This is the most consequential battle for the future of our nation and we cannot allow the ESG elites to force their agenda on the American people through economic coercion or the administrative state.

(2/3)
Read 4 tweets
Will Hild Profile picture
Feb 28
ICYMI: @AndrewRSorkin had a fascinating conversation with @GoldmanSachs CEO David Solomon about ESG and the anti-ESG backlash seen over the last year.

Though Solomon claims his position hasn't been impacted by the backlash, a few key indicators say otherwise:

(thread 🧵) $GS
First, @AndrewRSorkin pressed @GoldmanSachs CEO on Vanguard's commentary that ESG investing *does not* improve fund performance.

Instead of addressing this, Solomon subtly pivots to discuss how any "climate transition" will take decades and will be risky.
Notice how @GoldmanSachs CEO breaks from the ESG orthodoxy by implying that ESG is *not* a sound, all-encompassing investment approach?

He specifically states ESG investments would be ideal for "risk capital," not all capital.
Read 6 tweets
Will Hild Profile picture
Jan 13
🚨 ICYMI: @BlackRock CEO Larry Fink went on @CNBC's @SquawkStreet this morning and was pressed directly on his ESG activism, divestments from $BLK, and statement's made by Treasurers from @SFOF_States.

The interview was wild:
CNBC's @DavidFaber pressed @BlackRock CEO Larry Fink on his ESG activism, citing how it's led to $BLK being seen as a woke activist asset manager and asking him if he regrets his choices:

(Spoiler alert: Fink remains unapologetic.)
Larry Fink was also pressed on statements made by @TreasurerLoftis following South Carolina's divestment from @BlackRock.

And, despite claiming to be a man of the people, Fink emphatically nods his head in agreement when SC's $200M divestment is characterized as "small numbers":
Read 5 tweets

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