"WSJ Releases ESG Proxy Vote Ranking"

A new analysis by the Committee to Unleash Prosperity reveals that many asset managers proxy vote in favor of woke shareholder proposals to do racial audits or strangle fossil fuels, even in non-ESG investment vehicles. The report examined 4,814 non-ESG branded funds to see how proxy votes were cast on 50 of the most extreme ESG-oriented shareholder proposals from 2022. The problem is having a hidden agenda that applies to everybody else, and it is important to ensure that asset managers are voting based on the interests of investors rather than political agendas.