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by JumpCrisscross 1423 days ago
> What's the article's point? That point shouldn't care about social issues?

The thesis is "because [ESG] lumps together a dizzying array of objectives, it provides no coherent guide for investors and firms to make the trade-offs that are inevitable in any society," that industry "is not being straight about incentives" and that "the various scoring systems have gaping inconsistencies and are easily gamed."

Co-mingling E, S and G winds up focussing on nothing except making consultants rich.