I attribute this to political correctness.
Appointment of unqualified people, a questionable practice, with Democrat administration demonstrating recent extremes, of same... no different than any other. Subject of Corporate PC and seeking alpha... By one account, 2.5% of US ETF's have "ESG" in their name. Of those, 40% of them were new listings within the last year, obviously created and named to appeal in part to the DemSoc approved SJW+BLM+Antifa violent wokesters blowing their looted and fenced stimmies, while reaping fund fees, etc. Amusingly, roughly 0% of them are actually composed of much that the Leftists couldn't seemingly drum up a cause to burn down... Here's one of the top ten ESG performers... "Inspire Funds Intl ESG, aka: What would Jesus do?" https://portfolios.morningstar.com/fund/holdings?t=WWJD - banks, Jesus turned the money changers tables - airlines, burns oil and pollutes atmosphere - gold miners, slave labor and land rape - royal mail and plc's, parallel govt and govt license https://www.youtube.com/watch?v=boNIL1owRAI wwjd? Anyhow, don't forget to wear your SOXX.