Make money for a company, I guess it means losing it now. I keep wondering who they are paying to come up with these expensive ad campaigns that are dumb as a rock.
Make money for a company, I guess it means losing it now. I keep wondering who they are paying to come up with these expensive ad campaigns that are dumb as a rock.
They think they will somehow get more brand loyalty, with beer drinkers being the first to make ad campaigns about current social issues. SMHcMaking money isn’t the goal for most of these ad campaigns. It’s proselytizing of their woke theology. Many of the people involved in these controversial campaigns would do it all over again, if given the choice. It’s religion to them and worth the monetary sacrifices.
And some here get so easily triggered by people getting triggered !Y'all get triggered easily these days. Damn.
The people making and driving the ads don’t really care about making money, brand loyalty, or any of the other things that motivated your typical marketing department in the past. At least it’s not the top priority. Their #1 priority is sharing their faith, trying to convert the unwoke, and getting attaboys from their likeminded friends. It’s the only rational explanation. And I get it. Why does a Christian tithe? Why would a missionary make family and financial sacrifices? Because it’s about a lot more than money in their view.They think they will somehow get more brand loyalty, with beer drinkers being the first to make ad campaigns about current social issues. SMH
Oh, I enjoy it. Continue.And some here get so easily triggered by people getting triggered !
I saw a Youtube video on this yesterday about why this is happening. One major reason is the big corporations don't have millions in the bank, but they have access to millions of dollars. When they need to make their short term obligations (think suppliers, employees, etc.) , they take out loans with the promise they'll pay them back once their creditors pay them. So why make "woke" advertisements? Well, the loans are often tied to ESG scores. The S is social and it is completely anti-consumer. It basically means that the company has a social score and if it isn't high enough, they won't be able to get the loan. If they go too "Woke" then their consumers can get angry and boycott. So why don't they go get a loan that isn't tied to an ESG score? Well those are getting harder and harder to find.
But like one of the comments said - "They are gonna cure alcoholism."
YuenglingWTF am I supposed to drink?? I'm not switching to Coors light. High Noon it is.!!
Whatever video that is, it's probably not being completely truthful with you. The S does stand for social but it's for things like philanthropy and ethical and sustainable sourcing of products and raw materials. It's not in any way "anti-consumer."I saw a Youtube video on this yesterday about why this is happening. One major reason is the big corporations don't have millions in the bank, but they have access to millions of dollars. When they need to make their short term obligations (think suppliers, employees, etc.) , they take out loans with the promise they'll pay them back once their creditors pay them. So why make "woke" advertisements? Well, the loans are often tied to ESG scores. The S is social and it is completely anti-consumer. It basically means that the company has a social score and if it isn't high enough, they won't be able to get the loan. If they go too "Woke" then their consumers can get angry and boycott. So why don't they go get a loan that isn't tied to an ESG score? Well those are getting harder and harder to find.
But like one of the comments said - "They are gonna cure alcoholism."
Ford Motor Company's (Ford's) publicly available SLL from fall 2021 serves as a useful example of how these principles are installed deep in the verbose plumbing of a corporate credit agreement. On Sept. 29, 2021, Ford updated and publicly announced its $13.5 billion corporate credit facility and $2 billion supplemental revolving credit facility to link the amount of interest and fees that Ford is required to pay to three sustainability KPIs:
(1) Global manufacturing facility greenhouse gas emissions. These are the total annual emissions of CO2 in million metric tons from (a) stationary and mobile sources at Ford's global manufacturing facilities (known as "Scope 1" emissions) and (b) the generation of electricity, heating, cooling, and steam that is used, but not generated, at these facilities (known as "Scope 2" emissions).
(2) Renewable electricity consumption. This means locally or regionally sourced renewable electricity — such as wind, solar or hydro power — consumed by Ford's facilities, either directly or through the local distribution utility and expressed in kilowatt hours (kWh).
(3) CO2 tailpipe emissions for Ford's European fleet of passenger vehicles. This means the average tailpipe emissions of Ford's European fleet of passenger vehicles first registered in the year of measurement, expressed in grams of CO2 per kilometer (g/km).
I don't view this as sacrificing them in the same way the Mulvaney ridiculousness did. Women are roughly 50% of the population. That ad is stupid and parts are untruthful, but I don't think most men (or women) are going to be seriously offended by an ad that panders to women. At worst people will shake their head at it (which is why this didn't go viral when it came out). Plus, if we're going to want to crucify people for pandering to women in order to get something they want, I assume the college version of a lot of people on this board are going to be sweating bullets somewhere out in the spacetime continuum.Rule number 1—. Never forget who your bread and butter customers are. Do not sacrifice them in order to create demand from another segment.
Oh, I enjoy it. Continue.
For the ESG loans, I think you are right. ESG related loans/bonds should be viewed as a scam that borrowers and underwriters do together on suckers. Hey, why don't you give BP a discount on this loan for a renewable energy project, which will also free up capital to go to its "dirty" oil and gas business.Whatever video that is, it's probably not being completely truthful with you. The S does stand for social but it's for things like philanthropy and ethical and sustainable sourcing of products and raw materials. It's not in any way "anti-consumer."
Also, the borrower and the lender work together to determine which of the environmental, social or governance targets they're aiming for. This is from a story that talks about a sustainability-linked loan (another term for ESG loans) that Ford took out in 2021:
I agree with this. I wasn't offended and I don't care. Pandering to 50% of the population isn't nearly the same as pandering to 0.1%, especially when you alienate the 99.9% of your customer base.I don't view this as sacrificing them in the same way the Mulvaney ridiculousness did. Women are roughly 50% of the population. That ad is stupid and parts are untruthful, but I don't think most men (or women) are going to be seriously offended by an ad that panders to women.
If I were loaning money out, I would have the opposite requirement. I want the borrower to be able to pay me back.I saw a Youtube video on this yesterday about why this is happening. One major reason is the big corporations don't have millions in the bank, but they have access to millions of dollars. When they need to make their short term obligations (think suppliers, employees, etc.) , they take out loans with the promise they'll pay them back once their creditors pay them. So why make "woke" advertisements? Well, the loans are often tied to ESG scores. The S is social and it is completely anti-consumer. It basically means that the company has a social score and if it isn't high enough, they won't be able to get the loan. If they go too "Woke" then their consumers can get angry and boycott. So why don't they go get a loan that isn't tied to an ESG score? Well those are getting harder and harder to find.
But like one of the comments said - "They are gonna cure alcoholism."
Just curious where you saw the Mulvaney ad, since it was only intended for Mulvaney's social media accounts?For the ESG loans, I think you are right. ESG related loans/bonds should be viewed as a scam that borrowers and underwriters do together on suckers. Hey, why don't you give BP a discount on this loan for a renewable energy project, which will also free up capital to go to its "dirty" oil and gas business.
The ESG related mutual funds and index initially started off as a similar scam. ESG was a marketing ploy and all the companies needed to do was pay some lip service to stay in the applicable index or fund. Once the ESG was successful to get money in the door, the investment managers just want the companies to provide a good return. The only purpose of the ESG stuff at that point is to give the managers an excuse if the have below market performance.
That said, it does seem it's starting to actually exert pressure on companies. Not sure how effective it is, but Blackrock seems to be trying to use other people's money to exert undue influence on companies.
Rule number 2 - Who gives a 17 about marketing. If people can sway your opinions on what beer to drink based on what paid actors tell you, that’s on you. I remember when I got into a position where I had high level meetings and the marketing people gave their input. I was floored that they had no idea about the products and services that they were paid to promote. I have a feeling that is not uncommon.Rule number 1—. Never forget who your bread and butter customers are. Do not sacrifice them in order to create demand from another segment.
You should find other videos to watch because that one is just wrong. I work in finance and in particular corporate finance. There is no ESG score that is considered when making a loan. I’ve seen lots of discussion about esg but never a score. Further, the only ESG concerns for banks and loans right now is about environmental concerns.I saw a Youtube video on this yesterday about why this is happening. One major reason is the big corporations don't have millions in the bank, but they have access to millions of dollars. When they need to make their short term obligations (think suppliers, employees, etc.) , they take out loans with the promise they'll pay them back once their creditors pay them. So why make "woke" advertisements? Well, the loans are often tied to ESG scores. The S is social and it is completely anti-consumer. It basically means that the company has a social score and if it isn't high enough, they won't be able to get the loan. If they go too "Woke" then their consumers can get angry and boycott. So why don't they go get a loan that isn't tied to an ESG score? Well those are getting harder and harder to find.
But like one of the comments said - "They are gonna cure alcoholism."
Your first paragraph is exactly how I’ve seen ESG truly show up in loans. I’ve seen some companies be incentivized with a lower rate or a rebate if they increase solar energy used in manufacturing plants.For the ESG loans, I think you are right. ESG related loans/bonds should be viewed as a scam that borrowers and underwriters do together on suckers. Hey, why don't you give BP a discount on this loan for a renewable energy project, which will also free up capital to go to its "dirty" oil and gas business.
The ESG related mutual funds and index initially started off as a similar scam. ESG was a marketing ploy and all the companies needed to do was pay some lip service to stay in the applicable index or fund. Once the ESG was successful to get money in the door, the investment managers just want the companies to provide a good return. The only purpose of the ESG stuff at that point is to give the managers an excuse if the have below market performance.
That said, it does seem it's starting to actually exert pressure on companies. Not sure how effective it is, but Blackrock seems to be trying to use other people's money to exert undue influence on companies.
Whats really wild is that based on your posting history, you genuinely may think this. That wouldnt surprise me.It's all a government effort to get men to stop drinking beer and moving to seltzers. It's the first step of gender reassignment.
Make money for a company, I guess it means losing it now. I keep wondering who they are paying to come up with these expensive ad campaigns that are dumb as a rock.
Al Bundy summed it up perfectly...
Pretty women make men buy beer. Ugly women make men drink beer.
Good Luck with that!They had a golden opportunity here but just couldn't help but to **** and fall back in it all for diversity's sake.
Eff'em. I hate to do it but I'm gonna have to go with Heineken or Coors Light.
And we know you've already advanced beyond that, to the skinny jeans stage.*Whats really wild is that based on your posting history, you genuinely may think this. That wouldnt surprise me.
Make money for a company, I guess it means losing it now. I keep wondering who they are paying to come up with these expensive ad campaigns that are dumb as a rock.
What is 'the skinny jeans stage'? Like so many of your posts, I dont know what you are saying and doubt you know what you are saying.And we know you've already advanced beyond that, to the skinny jeans stage.*
Not really responding to you, but I see this phraseology so much these days, it seems like a good place to make a general point: there is a difference between 'getting triggered' and thinking something is stupid. I rarely get triggered, but I live in the second category these days.Y'all get triggered easily these days. Damn.
Good Luck with that!
Damn, I thought you knew everything.What is 'the skinny jeans stage'? Like so many of your posts, I dont know what you are saying and doubt you know what you are saying.