One-third of US asset managers reported that they had lost, or were at risk of losing, more than 20% of their institutional mandates due to dissatisfactory ESG products, according to BCG research. Nearly half of global consumers surveyed say they would choose investments with positive societal impacts, even if the investments yielded lower returns, per Capgemini. Nearly 60% of global institutional investors cited greenwashing as a major ESG investing concern, according to a Schroders survey.

This is entirely lip service, they realize they lost a massive amount of their customers moneys trying to social engineer the economy and are now pretending to change to sucker more people into investing with them. “Firing” the CFO and continuing the same schlocky tactics to save face.