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Isn't that like complaining that Whole Foods sells cookies? Whole Foods positions itself as a healthier grocery store, but they still sell chocolate milk and i
by lastofthemojito 4y ago
Isn't that like complaining that Whole Foods sells cookies? Whole Foods positions itself as a healthier grocery store, but they still sell chocolate milk and ice cream and cakes and all sorts of products in indulgent categories. They just don't sell ones with high fructose corn syrup or saccharin or other ingredients they've deemed bad.
As I understand it ESG rankings are generally done relative to other companies in a market segment. They aren't saying "this airline has a high ESG score, they must be less environmentally damaging than this farming company with a lower ESG score". They're ranking which airlines do the "good" things (for some value of good).