15. BAN ESG (Environmental, Social, Governance)

ESG is where financial firms make strategic decisions on the investment of their client’s funds in entities based on a screening or rating process that uses “social responsibility” (aka political) factors in addition to or in place of the standard of maximizing return for the client. ESG rating processes are often subjective and rapidly changing. ESG has the effect of unfairly punishing, denying basic rights, and chilling free speech.