by Sean Moran, Breitbart:

An ESG loophole led investors to pile billions of dollars into Saudi Aramco, the world’s largest oil company, whose chief executive has criticized ESG investing.

Bloomberg reported that Saudi Aramco has become an unlikely beneficiary of anti-climate change investing funds.

Amin Nasser, the chief executive of Saudi Aramco, said that ESG policies have an “automatic bias against any all conventional energy projects ” that would lead to global problems surrounding energy affordability and energy security.