[notlukesky]

Why is this being downvoted if the fact is true? There are so many other high ESG scores like SVB and FTX and even countries like Sri Lanka (went bankrupt as well) that it has become an indicator like Jim Cramer. Every rating system will be gamed if there are incentives for it and be turned into a farce. Just like bombing countries to the stone ages for “human rights”, “liberation” and “democracy”. All code words for genocide and massacres.

The British Empire, a “democracy”, used to invade countries for slave trading. Then when slavery was made illegal it then invaded countries under the guise of stopping slavery!

[itsdrewmiller]

Because it isn't true - Reynolds Consumer Products is not the same company as RJ Reynolds. (They were apparently founded by relatives though!)

[schiffern]

The tobacco company parent also has a high ESG rating.

https://news.ycombinator.com/item?id=35274139

[Rexxar]

Because he can't make the difference between a consumer product company and a tobacco company ?