“The business of America is business,” President Calvin Coolidge famously said.
Today, however, corporate ESG and DEI policies are hamstringing productivity, throttling competitiveness, and enabling left-wing campaigners to censor speech.
CFACT is pushing back.
Nate Myers is spearheading CFACT’s efforts to call out CEOs at corporate shareholder meetings, expose woke policies, and use sunlight to disinfect the American economy.
Here are a few of the hard-hitting questions Nate posed to CEOs.
To State Street Bank:
“Why has State Street simply rebranded its ESG Committee instead of eliminating it? Isn’t this just a cosmetic retreat—keeping the same activist policies under a more politically palatable name?”
To Dominion Energy:
“It appears that Dominion has unwisely spent money on alternative energy sources that produce expensive electricity. Would it not be better for Virginia and other coal producing states like Wyoming and West Virginia to invest in more clean coal generation plants?”
To Bank of America:
“Many Americans — including customers and investors — don’t want their money politicized. What assurances can you give us that this board will stop using its capital and reputation to promote ideological campaigns such as left-wing climate activism or otherwise?”
In many instances, the big CEOs choose to ignore such questions. Nate has been particularly successful in prodding them to respond.
Over the past month, he’s interacted with such corporate leaders as State Street’s President Ronald O’Hanley, PSE&G’s CEO Ralph A. LaRossa, Bank of America’s Chairman Bryan Moynihan, BlackRock’s Head of Investment Stewardship John Roe, and ConocoPhillips’ CEO Ryan Lance.
In some cases, their responses to Nate’s questions have been encouraging. In others, they either tried to spin or evade giving direct answers.
You can read them all at CFACT.org.
From government, to media, to education, institutional leftism is all around us.
Woke activists have infiltrated American corporations as well.
CFACT will go on pressuring these companies by showing up at shareholder meetings, voting, crafting resolutions, and asking CEOs the tough questions they need to hear to get America back to business.