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ESG is a joke. Chevron has a higher ESG score than Tesla. How can anybody argue this is a fair assessment?
by sixQuarks 4y ago
ESG is a joke. Chevron has a higher ESG score than Tesla. How can anybody argue this is a fair assessment?
- aresant 4y agoESG scoring agreed is a work in progress currently gameable with greenwashing strategies (carbon credits) What I am referencing is ESG for fundraising at institutional level which is the money that actually drives the world Major pensions are prioritizing selecting managers with legit, objectively good esg policies and road maps with hard and enforceable targets that are tied to compensation
- sixQuarks 4y agoThis is precisely the reason ESG should be abolished. It’s driving a huge amount of investment into companies that don’t deserve it
- hgomersall 4y agoESG stands apart from the various agencies that provide a score. Just because they do a bad job, it doesn't mean ESG is a joke, it just means the scores are a joke.
- hackernewds 4y agoWhy is that not plausible? climate change is not just about emissions. the full life cycle of a battery is pretty brutal on the environment