Part 7/11:
This approach heavily relies on Environmental, Social, and Governance (ESG) metrics, which evaluate companies based on their sustainability, social justice commitments, and overall governance. Critics argue that ESG is tantamount to a social credit system—similar to China’s surveillance-based social credit—designed to control consumer behavior and influence corporate practices.
Indeed, the WEF envisions a future where consumer choices are monitored and directed in service of broader environmental and social goals. This vision aligns with an internationalized social credit system that seeks to maximize “safety” and “sustainability” at the expense of individual liberty.