{"id":1493107,"date":"2022-05-26T12:30:40","date_gmt":"2022-05-26T16:30:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1493107"},"modified":"2022-05-26T12:30:42","modified_gmt":"2022-05-26T16:30:42","slug":"poll-by-two-to-one-margin-investors-reject-woke-companies-pushing-political-causes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/poll-by-two-to-one-margin-investors-reject-woke-companies-pushing-political-causes\/","title":{"rendered":"Poll: By Two-To-One Margin, Investors Reject Woke Companies Pushing Political Causes\u00a0"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpoll-by-two-to-one-margin-investors-reject-woke-companies-pushing-political-causes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1493107&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"https:\/\/www.dailywire.com\/topic\/economy\">Americans investors<\/a> \u2014 by an overwhelming margin \u2014 want companies they invest in to stop preaching and pursue profits, and they want no part of the Environmental, Social, and Governance (ESG) movement, an <a href=\"http:\/\/echeloninsights.com\/wp-content\/uploads\/Daily-Wire-May-2022-ESG-Survey-Topline.pdf\">exclusive Daily Wire\/Echelon Insights poll reveals<\/a>.<\/p>\n<p>Companies have increasingly been pushing <a href=\"https:\/\/www.dailywire.com\/topic\/woke\">woke causes<\/a> onto their consumers, but the poll reveals they do so at their own peril. The poll of over 1,000 investors, conducted last week by Echelon on behalf of The Daily Wire, showed that Americans want companies they invest in to seek profits instead of promoting political agendas outside of companies\u2019 missions. While 29% of respondents agreed it is a \u201cgood thing\u201d for companies to leverage their financial power for political or social means supported by executives, 58% \u2014 twice as many \u2014 said it is a \u201cbad thing.\u201d<\/p>\n<p>\u201cThe data are clear: everyday investors want companies to focus on creating shareholder value by delivering excellent products and services to their customers, not on advancing social or political agendas,\u201d said entrepreneur and former pharmaceutical executive Vivek Ramaswamy.<\/p>\n<p><strong><a href=\"http:\/\/echeloninsights.com\/wp-content\/uploads\/Daily-Wire-May-2022-ESG-Survey-Crosstabs.pdf\">READ THE COMPLETE DAILY WIRE\/ECHELON INSIGHTS POLL FINDINGS HERE<\/a><\/strong><\/p>\n<p>The poll\u00a0puts hard data behind the backlash already seen at companies like Disney,\u00a0where an executive <a href=\"https:\/\/www.dailywire.com\/news\/not-at-all-secret-gay-agenda-disney-employees-break-down-adding-queerness-to-shows-and-degenderizing-theme-parks\">boasted<\/a>\u00a0of the firm\u2019s \u201cnot-at-all-secret gay agenda,\u201d State Farm Insurance, which reversed a\u00a0<a href=\"https:\/\/www.dailywire.com\/news\/report-state-farm-backs-down-on-donating-transgender-books-for-five-year-olds-to-schools\">plan<\/a> to donate children\u2019s books promoting transgenderism to schools, and Netflix, which recently told woke employees to look for jobs elsewhere if they object to diverse opinions.<\/p>\n<p>Ramaswamy, who recently <a href=\"https:\/\/www.dailywire.com\/news\/americans-want-companies-to-stay-out-of-politics-ceo-launches-fund-to-take-on-woke-asset-managers\">launched<\/a> an asset management firm meant to compete with BlackRock, Vanguard, and State Street with an \u201cexcellence capitalism\u201d approach, said the poll bodes ill for the so-called \u201cESG\u201d investing movement. The movement assigns \u201cscores\u201d to companies based on their adherence to \u201csocially conscious\u201d behaviors. A company may, for instance, emphasize its use of green energy, seek contracts with LGBTQ suppliers, or otherwise arrange its operations such that producing shareholder value is linked to a progressive agenda.<\/p>\n<p>\u201cDepoliticizing corporate America should not be a left wing or right wing issue,\u201d Ramaswamy said. \u201cIt has nothing to do with partisan politics. An apolitical private sector is a requirement for an otherwise divided country to be able to come together. It\u2019s a sort of sanctuary away from politics. Once we lose that, it\u2019s the beginning of the end of the American experiment. Large asset managers like BlackRock are largely responsible for it.\u201d<\/p>\n<p>Indeed, the Echelon poll found that most investors recognize ESG as promoting \u201cmore liberal positions\u201d than conservative ones. While 50% believe the former and 16% believe the latter, only 21% believe that ESG investing is neutral.<\/p>\n<p>When choosing their own assets, most investors prefer to focus on profits instead of ESG \u2014 and most believe that other investors should have the same opportunity.<\/p>\n<p>Asset managers like BlackRock, Vanguard, and State Street \u2014 which collectively manage over $21 trillion \u2014 <a href=\"https:\/\/www.dailywire.com\/news\/how-three-investment-firms-are-turning-companies-like-disney-woke-and-what-you-can-do-to-fight-back\">subscribe to ESG<\/a>. However, 64% of respondents believe that \u201cindividual investors whose savings are being invested\u201d should ultimately decide whether retirement funds and pension plans are allocated according to ESG criteria. A mere 20% believe that \u201cWall Street asset managers\u201d should make that call.<\/p>\n<p>An even stronger margin of respondents \u2014 66% versus 20% \u2014 supported the right of individual investors to opt out of ESG-style investments. By a 56% to 28% margin, investors also supported states\u2019 decisions to pull pension funds from investments not solely focused on the strongest possible financial returns.<\/p>\n<p>When asked to discern the motives of companies that take stances on political or social issues, 56% of investors said the firms are merely \u201ctrying to appease their critics\u201d and 34% said the firms genuinely \u201cbelieve it\u2019s the right thing.\u201d When companies do take stances on issues, 36% of investors said the stances are \u201ctoo liberal,\u201d while 17% said they are \u201ctoo conservative.\u201d<\/p>\n<p>Beyond everyday investors, many of America\u2019s most prominent business leaders are increasingly wary of ESG and other forms of socially conscious investing. Tesla and SpaceX CEO Elon Musk, for instance, <a href=\"https:\/\/www.dailywire.com\/news\/elon-musk-condemns-rising-woke-trend-in-corporate-america\">said<\/a> in March that \u201cESG rules have been twisted into insanity.\u201d<\/p>\n<p><em>(Disclosure: The Daily Wire has\u00a0<a href=\"https:\/\/www.dailywire.com\/videos\/introducing-dw-kids\">announced plans<\/a> for kids entertainment content.)<\/p>\n<p><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Americans investors \u2014 by an overwhelming margin \u2014 want companies they invest in to stop preaching and pursue profits, and they want no part of the Environmental, Social, and Governance (ESG) movement, an exclusive Daily Wire\/Echelon Insights poll reveals. Companies have increasingly been pushing woke causes onto their consumers, but the poll reveals they do &#8230;<\/p>\n","protected":false},"author":99,"featured_media":1493132,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1493107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1493107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1493107"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1493107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1493132"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1493107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1493107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1493107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}