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ESG scores similar to China's social credit system, designed to transform society, think tank director says

Added 05-18-22 11:04:02am EST - “Heartland Institute's Justin Haskins discussed the global ESG initiative and compared it to a social credit system used in China.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “ESG scores similar to China's social credit system, designed to transform society, think tank director says”. Below is an excerpt from the article.

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Major financial institutions and global organizations are using a corporate scoring system to create a type of social credit system designed to influence behavior and transform society, according to a director at a conservative think tank.

Environmental, social and governance, or ESG, scores effectively grade social responsibility for entities ranging from corporations to governments. Factors like reliance on renewable energy sources or the strength of diversity policies can influence ESG scores.

"The point of it is to transform all of society, not just to transform what happens inside the walls of some big corporation," Justin Haskins, director of the Socialism Research Center and editorial director at the Heartland Institute told Fox News.

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