[gruez]

So basically the whole ESG craze from a few years ago?

[TimTheTinker]

Sure, or there are faith based ones now - I personally invest in PTL

[myroon5]

$PTL "screens" for:

* air quality

* environmental risk

* GHG emissions

* ecological impact

* product sustainability

https://www.inspireetf.com/screening

yet weights ExxonMobil, the 21st largest company:

https://companiesmarketcap.com/

as by far their 2nd largest holding:

https://www.inspireetf.com/etf/ptl

[TimTheTinker]

Oil/Gas/Petroleum is essential for our economy to function, and the line between "ethical" and "not ethical" is a dial (one among many that all need to be tuned together), not a switch.

$PTL/Inspire does not adjudicate "dial" ethical issues, just switches -- company practices/policies that it views as black-and-white good/bad. "It would be ethical if you produced N% less" doesn't fit that category.

[myroon5]

Guess who organized decades-long misinformation campaigns to make them as essential as they currently are: https://wikipedia.org/wiki/ExxonMobil_climate_change_denial

Regardless, most companies I checked have multiple different ratings because that site can't even do basic data cleaning:

https://inspireinsight.com/AAPL/US https://inspireinsight.com/AAPL/PT

https://inspireinsight.com/GOOGL/GT https://inspireinsight.com/GOOGL/MX

https://inspireinsight.com/MSFT/AU https://inspireinsight.com/MSFT/US

https://inspireinsight.com/AVGO/US https://inspireinsight.com/0YXG/GB

https://inspireinsight.com/TSM/US https://inspireinsight.com/5425/TW

https://inspireinsight.com/LUBEREF/SA https://inspireinsight.com/2223/SA

so even they disagree with their own ratings ;)

[TimTheTinker]

They update ratings every year I think... there's a spreadsheet with before/after values for each company that you can download.

[myroon5]

Most of the examples I provided are due to differing country codes; their site fails to recognize things like Alphabet trading on a Mexican stock exchange is still the same company: https://finance.yahoo.com/quote/GOOGL.MX/

$GOOGL.MX scoring differently than other $GOOGL listings makes me extremely skeptical that humans are diligently creating these scores (finance professionals should've recognized that secondary listings like $GOOGL.MX don't need their own scoring)