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I'll just note that social/environmental funds like this generally only go for the REALLY REALLY bad folks out there that aren't supergiants. Some of the top h

I'll just note that social/environmental funds like this generally only go for the REALLY REALLY bad folks out there that aren't supergiants. Some of the top holdings of that fund are - Nestle Exxon Johnson & Johnson Facebook etc etc It's a good step but you're not actually divesting yourself from fucks like Nestle.

benj111 7y ago
I would say the bigger problem is that everyone has different ethics and what makes a company evil. When you get to the level of those companies, surely they're going to do something evil. I'm not even sure what you're referring to with Nestle (baby milk?). Id prefer to have it based on something more solid like carbon intensity or no oil or something actually measurable by us and the offending companies, rather than nebulous 'ethics'.
- xkcd-sucks 7y ago
  Nestle kind of goes above and beyond in this regard... Messing with access to potable water is certainly relevant to climate change https://en.wikipedia.org/wiki/Nestl%C3%A9#Controversy_and_criticisms https://en.wikipedia.org/wiki/Nestl%C3%A9#Controversy_and_cr...
  - LifeLiverTransp 7y ago
    I find this strategy to be a huge bet on decentralized energy and desalination/ moisture collection never taking off? How can anyone seriously invest in this without the certainty that technology will not render this monopoly on a life-important good obsolete?
  - throwaway5752 7y ago
    It's not causing climate change, though. That's saying nothing of their ethics, or how the impact their activities are having particularly with the accelerating climate emergency, but it's a matter of critical focus that we stop CO2 emissions, not divest companies that are unethical (admirable, but entirely separate). For what it's worth, that is precisely how this effort will be gaslit. Divide and conquer.
    - sjaknanxnnx 7y ago
      Gaslighting is where an abuser says and does unexpected things that make the abused doubt their perceptions and sanity. I learned about it in film class in college. Suddenly people are using the term to describe all sorts of actions that don’t seem to fit that mold (but that involve some sort of ill intent). What gives?

benj111 7y ago

I would say the bigger problem is that everyone has different ethics and what makes a company evil. When you get to the level of those companies, surely they're going to do something evil. I'm not even sure what you're referring to with Nestle (baby milk?). Id prefer to have it based on something more solid like carbon intensity or no oil or something actually measurable by us and the offending companies, rather than nebulous 'ethics'.

xkcd-sucks 7y ago
Nestle kind of goes above and beyond in this regard... Messing with access to potable water is certainly relevant to climate change https://en.wikipedia.org/wiki/Nestl%C3%A9#Controversy_and_criticisms https://en.wikipedia.org/wiki/Nestl%C3%A9#Controversy_and_cr...
- LifeLiverTransp 7y ago
  I find this strategy to be a huge bet on decentralized energy and desalination/ moisture collection never taking off? How can anyone seriously invest in this without the certainty that technology will not render this monopoly on a life-important good obsolete?
- throwaway5752 7y ago
  It's not causing climate change, though. That's saying nothing of their ethics, or how the impact their activities are having particularly with the accelerating climate emergency, but it's a matter of critical focus that we stop CO2 emissions, not divest companies that are unethical (admirable, but entirely separate). For what it's worth, that is precisely how this effort will be gaslit. Divide and conquer.
  - sjaknanxnnx 7y ago
    Gaslighting is where an abuser says and does unexpected things that make the abused doubt their perceptions and sanity. I learned about it in film class in college. Suddenly people are using the term to describe all sorts of actions that don’t seem to fit that mold (but that involve some sort of ill intent). What gives?