Ramaswamy’s Strive takes new swipe at ESG priorities

Javier E. David

Oct. 25, 2022 

The firm led by activist investor Vivek Ramaswamy is launching a new nationwide campaign aimed at getting major corporations to separate growth goals from increasingly polarized cultural issues characterized by environmental, social and governance (ESG).

Driving the news: Starting Tuesday, Strive Asset Management will air digital ads that invoke a spirit of bipartisanship to “promote excellence over ESG priorities” that some view as divisive.

Why it matters: ESG has become a flashpoint between investors and critics who argue the strategy encourages companies to involve themselves in politically-charged, “woke capitalism” that ultimately fails to benefit shareholders.

Read the full article on Axios.