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by baidifnaoxi 1181 days ago
This is why I oppose ESG. It’s being pushed by the financial institutions under the guise of sustainability. But now you have many things unrelated to climate that have been show-horned in.

It’s fine to create regulation that’s voted upon, it’s not okay to use financial firms to push moral or societal change in collusion with governments.

1 comments

ESG as a concept is fucked. Creating a scale for each of E, S or G is challenging. Adding a mixing methodology on top is insane. How many tonnes of carbon is a separate CEO/chairmanship worth? Is child labor four or five times worse than super-voting stock?