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S stands for Satanic.PNG

ESG refers to "environmental, social and governance," a phrase used by liberals in connection with investing in politically correct companies on the stock market.

Conservatives, including entire red states such as Florida, reject ESG investing. One commentator writes:

It has long been contended that environmental, social, and corporate governance scores (ESG) are the Left’s attempt to weaponize every non-leftist’s money against his personal beliefs and economic interests. This is patently true . . . to an extent.[1]

According to Elon Musk, the 'S' in 'ESG' stands for 'Satanic'.[2]

See also