If you dig down and look at the companies in many of the largest ESG funds, you’ll find that many have been bankrolling Republican politicians and PACs.
Unlike most political issues that involve hundreds of legislators, it’s relatively easy to identify which corporations had the largest financial impact on flipping the Supreme Court conservative.
One thing that often gets lost in retrospectives about January 6th is the political context outside the executive branch, which ultimately goaded the mob into action.
A roundup of the month’s most relevant news at the intersection of Money + Politics
The entire S&P 500 had an average annual return of 12.7% from 2016-2020. Did Democratic or Republican companies perform better?
See which big firms flipped and who they support now.
Toyota’s brush with political reality