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by JumpCrisscross
1423 days ago
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> 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. |
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