To Blake Masters, the newly minted Republican Senate nominee in Arizona, ESG scores are an existential threat to the US economy along with inflation — an issue worth campaigning on as ardently as securing the border, preventing voter fraud and challenging Big Tech.
“They represent a further merger of government and corporation,” Masters said, comparing ESG scores to the tactics of the Chinese Communist Party in a statement to Bloomberg Government on Wednesday. “These scores have absolutely no place in our country.”
Masters’ advocacy is part of a growing movement among Republicans to make ESG scores — the grading of companies’ performance based on their environmental and societal effects, as well as their governance structure — a cultural issue alongside Democrats’ social justice and environmental advocacy. Those Republicans could seek legislative avenues to limit use of the scores if they take control of the next Congress.
Source: ESG as Economic Threat Catches on as Theme in Key Senate Race
