Tuesday, October 3, 2023

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HomeVideoConservatives fight back against environmental and socially conscious investments

Conservatives fight back against environmental and socially conscious investments

The extreme weather events that hit the U.S. and other countries have cast a sharp spotlight on the role of climate change. In recent years, those concerns have been a key part of significant changes in the way investment firms and companies do business. But now a backlash is brewing against what conservative politicians call “woke capitalism.” Economics correspondent Paul Solman reports.

Correction: This report misstated the number of New York City teachers, transit workers and other public employees whose assets are overseen by the New York City Comptroller — it is 750,000 not 750. We regret the error.

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