Vanguard Praised for Leaving ‘Woke’ Climate Initiative

The coalition against Environmental, Social, and Governance (ESG) funds grew in size and stature this week, when Vanguard Group, Inc. withdrew from a global initiative that requires investment companies to commit to decarbonization practices and also terminate coal investments.

The decision by Vanguard, one of America’s largest investment advisers, drew praise.

In a Thursday statement, West Virginia State Treasurer Riley Moore said: “This is tremendous news for American consumers and investors and demonstrates we are turning the tide against the woke radicals who are trying to impose their social and environmental agenda on our economy through coercive means.

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