February 26, 2023
Boise–In this week’s episode of Capitol Clarity, State Treasurer Julie Ellsworth explained her efforts to keep Emotional/Social/Governance (ESG) scores out of Idaho’s finances.
According to Investopedia.com, “environmental, social, and governance (ESG) investing refers to a set of standards for a company’s behavior used by socially conscious investors to screen potential investments.” The Idaho Freedom Foundation has said that the problem with ESG is that “the end result of ESG is a Chinese-style social credit system, where things like purchasing firearms, using too much electricity, or making social media posts in favor of certain political groups could get you blacklisted from society.”
Treasurer Ellsworth’s remarks at Capitol Clarity may be seen by watching the video below.
