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asabjorn | 3 years ago

> What exactly does posting race and gender data accomplish exactly, specifically?

It enables third parties to calculate ESG scores more easily using data that would otherwise have to be voluntarily relinquished. The S in ESG stands for compliance with the woke social justice agenda. ESG essentially means compliance with the agenda of the powers creating the score, so coal and weapons manufactorers have a high score.

The companies can be financially pressured by pension and index funds that illegally use cartel behavior to push the incredibly unpopular ESG. Expect those pension funds assets to trend towards negative real returns as companies start prioritizing politics over sensible business decisions. E.g. blackrock, vanguard, most state and federal pension funds.

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