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Video: US social credit system exposed: Report

U.S. Bancorp is now requiring workers to be in the office three days a week. (Dreamstime/TNS)
April 10, 2024

A new video claims that the United States now has a social credit system that is determined by an individual’s environmental, social, and governance (ESG) scores.

On a recent episode of “Crossroads,” Epoch TV host Joshua Philipp warned that a social credit system has “quietly” been implemented in the United States as private banks and businesses give American citizens “personal ESG scores.”

The Corporate Finance Institute defines an ESG score as “An objective evaluation of a company, a fund, or a security’s performance measured against Environmental, Social, and Governance (ESG) criteria.”

Philipp explained that the ESG social credit system is similar in many ways to the social credit system used by the Chinese Communist Party (CCP).

“Rather than use a CCP standard of appearance to the ruling regime, it’s instead based on the social justice standards under ESG or environmental and social governance,” the Epoch TV host said. “As ESG criteria assesses businesses’ sustainability and ethics, a personal ESG score, just like the big corporate ones, offers insight into a person’s commitment to sustainable practices, and apparently, we’re all committed to this whether we like it or not.”

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Philipp explained that a person’s ESG score is determined based on factors that include a person’s purchase history. The Epoch TV host warned that the products a person purchases can positively or negatively impact a person’s ESG score.

“Already, apparently, purchasing a gun, buying alcohol or other items can affect your personal ESG score,” Philipp said. “Your sales history, your public records, including your credit reports, all of these are considered to gauge your impact on the environment and society.”

The Crossroads host explained that private banks and businesses in the United States are trying to “force people to want these things” because they discovered that most people do not want things associated with ESG.

A video clip of the recent Crossroads episode was shared on X, formerly Twitter, by the “Wall Street Apes” social media account. The X user noted that the Epoch TV episode exposed an issue that most people “have no idea is happening.” The user also warned that the social credit system will lead to “warrantless surveillance by corporations and banks” that give ESG scores to American citizens.