“The issue with the ESG movement – it stands for environmental, social and governance factors – it’s designed to sound boring for a reason,” Republican presidential candidate Vivek Ramaswamy warns.

The reason the ESG movement doesn’t want Americans to take an interest in it is that it seeks “to accomplish through the back door what government could not get done through the front door using the Constitution,” the biotech entrepreneur explains in a video posted to his Twitter page.

Worse, it is secretly using the money of everyday citizens, not in the best interest of their retirement savings, but to advance radical progressive environmental and social agendas that most people don’t want, he explains:

“It uses the money of everyday citizens to invest in companies, and to vote their shares, in ways that advance one-sided progressive agendas, environmental and social agendas, that most of those people do not agree with, that most of those people did not know were actually being advanced with their own money - and which don’t advance the financial best interests of most people whose money is actually used.”

“You think that the person who’s managing that money is exclusively looking after your best financial interests. It turns out they’re not,” Ramaswamy explains. “They’re also interested looking after advancing these other environmental and social goals.”

Giant asset managers have even signed pledges to align their portfolios with progressive standards, Ramaswamy says:

“Who are these institutions? They’re asset management firms – like BlackRock, or State Street or Vanguard or Invesco or countless others – that have signed a pledge that they’re going to align all of their underlying companies with the goals of the Paris Climate Accords, with net-zero (carbon) standards by 2050, with modern diversity, equity and inclusion standards.”

“But, they’re not using their money to do it, Ramaswamy says:

“That’s what this ESG movement is all about.”