Go Woke Go Broke, Have Guns Have Fun

The idea of “woke” Environmental, Social and Governance (ESG) policies continues to wither away. That’s good news for the firearm and ammunition industry, which has been the focus of corporations seeking to force public policies by the might of their corporate largess. It turns out that those lofty ideals aren’t so lofty after all. They’re more of a millstone weighing them down and more corporations are ditching their ESG programs.

BlackRock, the world’s biggest asset manager, announced last week a cut for support of shareholder proposals for ESG initiatives to a low of 4.1 percent.

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