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it's also a way to extort money out of companies. Using slave labor? it's ok just donate some money here and boost your score. There are also companies (don't

it's also a way to extort money out of companies. Using slave labor? it's ok just donate some money here and boost your score. There are also companies (don't ask) I've encountered who appear to offer nothing but 3rd party branded kubernetes combined with a whole truckload of bullshit about how their product reduces your carbon footprint in the cloud. They reach out and attempt to partner with successful disadvantaged education programs for cheap interns and to add badges to their website. for the life of me I looked into what exactly they were doing and I couldn't figure out what they actually offered. It appeared to be nothing except a collection of bullshit to extract funding under the guise of ESG.

ClumsyPilot 4y ago
> it's also a way to extort money out of companies. Using slave labor? it's ok just donate some money here and boost your score. That's not extortion, that's the opposite - bribery > They reach out and attempt to partner with successful disadvantaged education programs for cheap interns and to add badges to their website I did see this kind of shit once
- antasvara 4y ago
  >That's not extortion, that's the opposite - bribery. I think that depends on your perspective. From the company's perspective, they're bribing the ratings agency by donating money. From the agency's perspective, they're using their rating as a way of coercing a company into making donations. That could be considered extortion, though not in the legal sense.
  - ClumsyPilot 4y ago
    I think the distinction is -> if I threaten you by planting drugs on you, which I am not legally meant to do, then I am extrorting you as I took the initiative. If you are the one that was doing something illegal to begin with, and bribe an official to keep it under wraps, then it's on you.
    - antasvara 4y ago
      I agree with the general sentiment here. Initiative is what ultimately matters. I would question which direction the initiative is with respect to ESG ratings. If an ESG rating agency is publicly or privately showing exactly how certain factors are weighted, I would argue that the initiative is with the agency.

ClumsyPilot 4y ago

> it's also a way to extort money out of companies. Using slave labor? it's ok just donate some money here and boost your score. That's not extortion, that's the opposite - bribery > They reach out and attempt to partner with successful disadvantaged education programs for cheap interns and to add badges to their website I did see this kind of shit once

antasvara 4y ago
>That's not extortion, that's the opposite - bribery. I think that depends on your perspective. From the company's perspective, they're bribing the ratings agency by donating money. From the agency's perspective, they're using their rating as a way of coercing a company into making donations. That could be considered extortion, though not in the legal sense.
- ClumsyPilot 4y ago
  I think the distinction is -> if I threaten you by planting drugs on you, which I am not legally meant to do, then I am extrorting you as I took the initiative. If you are the one that was doing something illegal to begin with, and bribe an official to keep it under wraps, then it's on you.
  - antasvara 4y ago
    I agree with the general sentiment here. Initiative is what ultimately matters. I would question which direction the initiative is with respect to ESG ratings. If an ESG rating agency is publicly or privately showing exactly how certain factors are weighted, I would argue that the initiative is with the agency.