2 ms·
ESG is one of the best examples of good intention paving the way to hell. It is fundamentally undemocratic to the greatest extends aside from creating large fac
by raxxorraxor 4y ago
ESG is one of the best examples of good intention paving the way to hell. It is fundamentally undemocratic to the greatest extends aside from creating large factious industries with a parasitic behavior and randomly sanction investments positively or negatively. It enables corruption and companies that can invest into legal departments specialized in compliance towards ESG requirements will win here. It is one of the worst mechanism our financial "experts" came up with. The last present of boomers to finally destroy the world for everyone if I want to exaggerate, but I think it isn't much less.