You're the one muddying the waters, intent is not the only thing that matters. He directly said private, and that has implications that make his comment come off as frankly detached from reality.
His comment directly suggests that the government is not involved with these credit scores, which is incorrect since the white house did an executive order enforcing DEI in the federal workforce.
His comment suggests that these companies are free from the influence of the state, which is wrong because the government has full authority to and actively incentivizes ESG credit scores.
His comment suggests that independent private industry is strong-arming the government, when the reality is these very same scores they blame on private business are actively snuffing out non-corporate business, which will only make the problem worse
The only point I'm trying to make is that asserting these entities are private is false and leads to false conclusions. This is true.
The reason I didn't address the government issue first is because the relationship between government and corporate is a lot more complicated than that, and the conversation almost always gets cut short by the assumption that corporations are private.
I also just finished explaining how the government does influence credit scores. If you're so focused on this point, why did you ignore that?