Connect with us

West Virginia

West Virginia Blasts S&P ESG Scoring As ‘Politically Subjective’

Published

on

West Virginia Blasts S&P ESG Scoring As ‘Politically Subjective’


West Virginia’s Republican treasurer referred to as on S&P International Rankings to scrap a brand new system scoring U.S. states on their environmental, social and governance efforts, calling the rankings scale a “politically subjective” scheme that may pressure states to yield to “woke capitalists.”

“This new ESG score system is only the start of a brand new wave of judging states – and their individuals – not by legitimate monetary metrics, however by the popular political opinions and outcomes of a choose international elite,” West Virginia State Treasurer Riley Moore stated in an announcement launched earlier this week. “The ESG motion is nothing however a slippery slope whereby our states and our individuals will probably be compelled to bend the knee to the woke capitalists or undergo monetary hurt.”

Moore’s condemnation follows an analogous rebuke from Utah officers and comes amid a broader culture-war brawl between Republicans and company America. Texas has threatened to ban state investments in companies that lower ties with oil and gasoline corporations due to ESG initiatives. Florida has stripped Walt Disney Co. of a few of its self-governance privileges after the corporate objected to a brand new legislation that limits faculty instruction about gender identification and sexual orientation.

S&P’s new system scores governments on classes like human rights, social integration, low-carbon methods, local weather measures and sustainable finance. The corporate launched its first scorecard March 31.

Advertisement

S&P declined to remark.

West Virginia, a Republican-controlled state, obtained a unfavourable social rating and a reasonably unfavourable environmental rating. The overwhelming majority of states’ rankings had been impartial. West Virginia has an AA- bond score from S&P, its fourth-highest.

“So regardless of our state’s glorious monetary place, our taxpayers may now be punished with larger borrowing prices just because S&P doesn’t like our state’s industries and demographic profile,” Moore stated. “This rankings scheme will have an effect on our state and its municipalities, and begs the query: at what level will this cease? Will people quickly get ESG rankings as a part of their credit score scores? The place will it finish?”

Institutional buyers like BlackRock Inc. and pension funds are demanding larger readability from corporations on their efforts to diversify their workforces and deal with a altering local weather. In the meantime, GOP lawmakers and highly effective trade teams, together with the U.S. Chamber of Commerce, have opposed elevated exercise by monetary watchdogs on ESG points.

This text was supplied by Bloomberg Information.

Advertisement



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

West Virginia

West Virginia Contacts One of the Transfer Portal’s Top Shooters

Published

on

West Virginia Contacts One of the Transfer Portal’s Top Shooters


The Transfer Portal is as big as it’s ever been, and West Virginia is looking to make a splash yet again.

A couple days removed from adding one of the portal’s top shooters in Chattanooga G Honor Huff, Ross Hodge and his staff are looking to do it again. This time they have contacted a familiar face from the American Conference in rising junior guard Marcus ‘Smurf’ Millender our of UTSA, according to Tobias Bass from the Athletic.

Millender entered the portal after a very successful sophomore campaign. Starting in 28 out of 31 games, the young guard averaged 14.9 points per game with shooting splits of 44.1/43.8/87.2. His 43.8% from three-point range would rank 8th in the country for the 2024-2025 season (Min. 160 attempts.) Millender also averaged three rebounds, 3.3 assists, and 1.7 steals per game. He had nine performances this season where he eclipsed 20 points, which included a season-high 28 points vs. Tulane.

In the year prior to UTSA, Millender spent his freshman season at South Alabama. While there, he started 15 out of 28 games and gave the Jaguars 9.7 points per game. He had a season-high of 27 points vs. Arkansas State, where he shot 5/6 from three-point range.

Advertisement

Other schools involved with Smurf’s recruitment involve Georgia, Florida State, Kansas State, VCU, Virginia Tech, Texas A&M, and numerous others.

He will have two years of eligibility remaining.

MORE STORIES FROM WEST VIRGINIA ON SI

West Virginia Reveals Updated Changes to New Football Turf Design

Elite Scoring Guard Jemel Jones Contacted by West Virginia in the Transfer Portal

West Virginia Reportedly Met with High-Level Interior Scorer

Advertisement

Division II All-American Wes Enis Takes Visit to West Virginia



Source link

Continue Reading

West Virginia

West Virginia high school basketball player faces felony charges for repeated fouls, including breaking competitor’s nose

Published

on

West Virginia high school basketball player faces felony charges for repeated fouls, including breaking competitor’s nose


A West Virginia high school athlete is facing adult felony charges after allegedly elbowing an opponent in the face and breaking his nose during a basketball game, according to newly obtained court documents.

Gage Ketterman, an 18-year-old student and basketball player at Harman School, was arrested last Monday for the alleged game-time attack.

West Virginia State Police were notified of the assault on Feb. 27 after the injury was reported by the wounded student’s mother mere hours after the game between Union High School and Harman School.

Gage Ketterman, 18, faces felony charges as an adult for breaking an opponent’s nose during a basketball game.

The woman claimed that her son was “elbowed in the face” by Ketterman. The victim’s nose was reportedly bleeding “profusely” for more than four hours and he had to be taken to a nearby hospital, according to court documents obtained by WBOY.

Advertisement

Video footage from the game, reviewed by the state police, corroborated the mother’s claims.

Ketterman allegedly elbowed the player in the face hard enough to break his nose and cause excessive bleeding for four hours. Facebook

The video showed Ketterman jab his elbow “directly in the face” of an opposing player, police said. Throughout the game, the clip also showed him allegedly taunting multiple players by striking them in the back of the head.

Authorities also noted that in the video, Ketterman can be seen “wiping something off the elbow he had just used to strike [the Union player].”

The officers concluded that Ketterman’s actions seemed “intentional and criminal[ly] malicious in nature.”

Ketterman posted a $12,500 bond last Monday. Google Maps

Because Ketterman was 18 years old at the time of the incident, he will be charged as an adult, cops said. One warrant was issued for malicious assault and two others for attempted malicious assault.

Advertisement

Ketterman was arrested last Monday and released the same day after posting $12,500 bond, according to the West Virginia Magistrate Court system.

His next court date is scheduled for May 22.



Source link

Advertisement
Continue Reading

West Virginia

West Virginia Secures Commitment from Troy Transfer Forward Jackson Fields

Published

on

West Virginia Secures Commitment from Troy Transfer Forward Jackson Fields


Sunday morning, West Virginia scooped up another commitment in the transfer portal with former Troy forward Jackson Fields announcing his pledge to the program.

Fields saw incremental success during his three seasons with the Trojans, and put up career highs in points (7.6) and rebounds (4.8) per game. In 95 career games (60 starts), Fields has averaged six points, 3.9 rebounds, 0.7 steals, 0.7 blocks, and 0.6 assists per contest while shooting 47.5% from the floor and 32.4% from three-point range.

Coming out of Elkins High School in Missouri City, Texas, Fields held offers from Air Force, Army, Houston Christian, Nevada, Texas Southern, UTSA, Wyoming, and a few others.

Fields will have one year of eligibility remaining. He becomes the fourth transfer commit so far for Ross Hodge and WVU, joining Honor Huff (Chattanooga), Brenen Lorient (North Texas), and Harlan Obioha (UNC Wilmington).

Advertisement

MORE STORIES FROM WEST VIRGINIA ON SI

West Virginia is Pushing Hard to Regain Commitment from Braydon Hawthorne

Ex-WVU Forward James Okonkwo Transfers to Big 12 Foe

Ross Hodge ‘Distinctly’ Remembers Bob Huggins’ Powerful Moment with Da’Sean Butler

Former Longtime West Virginia Assistant Named GM at Pitt



Source link

Advertisement
Continue Reading

Trending