Rightwing war on ‘woke capitalism’ funded by deep-pocketed industry interests

New report shows connections of business and rightwing thinktanks to laws aimed at environmental, social and corporate governance

The American right wing’s widening fight against what it calls “woke capitalism” is partly driven by fossil fuel interests or industry allies, according to a new report published on Thursday.

Conservatives often use the term “woke capitalism” to refer to environmental, social and corporate governance, or ESG – criteria used to screen investments based on their environmental and social implications.