It is infuriating to see a mainstream news organization publish a story like this, calling Consumers’ Research “an advocacy group,” failing to mention that this was a once-reputable organization (though disputes in the 30s over unions led some of the founders to split off and start Consumers Report). It was purchased by an ultra-right wing dark money funders. According to SourceWatch, ” It also has ties to the tobacco industry and has published a number of misleading reports by industry-funded apologists.”
An advocacy group that opposes environmental, social and governance (ESG) investing on Tuesday launched a mobile billboard campaign around Washington, D.C., ahead of President Biden’s expected veto of legislation targeting the investment practice.
Consumers’ Research, a leading anti-ESG group, is funding mobile billboards and a targeted digital ad campaign criticizing the use of the principles among major money managers such as BlackRock. The mobile billboards will circulate around Capitol Hill and downtown D.C.The mobile billboards will feature images that say “What does ESG really stand for?” with acronyms like “Erasing Savings Growth” and “Elitists Socialists Grifters,” according to images first shared with The Hill.Anti-ESG group launches mobile billboard campaign in DC ahead of expected Biden veto | The Hill
This group has also produced an anti-ESG “report” that is filled with intentional disinformation.