Apple wields its lobbying might against LGBTQ laws

This is simple virtue signaling meant to soften Apple’s image and remind you what a hip, cool company they are. They consider it part of their marketing budget.

You shouldn't believe it. Corporations are where the money is.

So there’s this thing called ESG, which the SEC now enforces.

https://www.sec.gov/news/press-release/2021-42

It’s taking over Wall St because there was a ruling saying that ESG is now a primary criteria for the well-being of plan participants, instead of just profit.

https://public-inspection.federalregister.gov/2021-22263.pdf

So naturally the investment industry sees the fees for ESG active management as an escape from low-fee index funds.

So there’s a lot of money pouring into ESG, and the corporations all fight for allocations with the fund managers.