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by TimTheTinker 17 days ago
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.

1 comments

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

Scores on different exchanges may be due to varying behavior by international subsidiaries -- MSFT in Australia may be doing something objectionable that MSFT US does not do, for example. I'm not sure though.

What I think is more likely is that it's a dumb oversight in the web app and/or data - maybe an intern stubbed out international stocks and it got pushed to production

> international subsidiaries

Secondary listings allow entire companies to trade on multiple exchanges (not just corresponding subsidiaries)

So I agree that it was likely just a mistake to list multiple listings of the same companies, but the fact that they usually receive different scores proves their process isn't diligent:

* $GOOGL.MX is dinged for multiple non-Mexico-specific violations that the other listing isn't

I think there's 2 sides of the company:

- (1) Insight scores

- (2) ETF management

I think the pipeline between (1) and (2) is probably tight within the company (probably a few big Excel spreadsheets) and the (2) side has a lot of brains.

But the (1) side needs to do more work on the pipeline between those spreadsheets and the Web, and maybe hire more/better software dev help for that. They'd do better to use Postgres as their source of truth.