An Anti-ESG Activist Investor Presses for Changes at Apple and Disney

An activist investor who has been a sharp critic of so-called environmental, social and governance, or ESG, investing is urging Apple Inc. and Walt Disney Co. to not engage in political discussions and to make employment decisions without taking an individual’s race, sex or political opinions into account.

Vivek Ramaswamy, who recently launched Strive Asset Management, said Disney should no longer take public positions on political issues that aren’t related to the company’s core business. The letter cited how Disney Chief Executive Bob Chapek took a stance on Florida’s parental rights in education bill.