5 ms·

ESL speaker here, could you please expand that acronym?

nickm12 4y ago
Environmental, Social, and Governance
rmason 4y ago
ESG stands for Environmental, Social and Governance. It originated with Wall Street and is applied to making investments in companies that governed in a sustainable and ethical way. As corporations adopt ESG it seems a lot of the talk seems to be focused around hiring quotas.
vertis 4y ago
It's not really an ESL problem, that's an acronym that seems US specific in it's usage.
- __d 4y ago
  FWIW, it's widely understood in Australia as well.
  - vertis 4y ago
    Is it? I lived in Australia for 80% of my life and never heard it. That's not impossible of course, but it's not like I was uninvolved in those topics. Either way it's still not an second language thing. It's a using acronyms without definition thing.
    - __d 4y ago
      Well, unless that 80% has overlapped with the last 5 years, you'll have missed it. But anyone who reads company annual reports (eg. for personal investing), or the financial bits of a newspaper (online or otherwise), or even reads their annual superannuation statement, would very likely have seen the term used (in OZ).
      - vertis 4y ago
        I've been gone for about 4 years, and admittedly don't read many company annual reports (and my super balance I get in a more digital upate). I haven't really seen it crop up in the online stuff I read (some of it Australian financial), but I can see how it would be easy to miss as well.
    - ThePadawan 4y ago
      FYI I was mostly trying to be funny throwing around TLAs to show OP that not everyone on HN is based in the USA.
      - deleted 4y ago
        [deleted]
      - vertis 4y ago
        Woosh!
inawarminister 4y ago
ESG = Environmentally Sustainable Governance, AKA a certain set of standards of investment on public firms. There are many activist funds and investment managers on the world nowadays. Another, maybe more infamous example is the Sharia-complaint stock grouping, which bans alcohol, tobacco, military industry, pork, and the sex industry. Yes I have some investment in the latter indices.

Environmental, Social, and Governance

ESG stands for Environmental, Social and Governance. It originated with Wall Street and is applied to making investments in companies that governed in a sustainable and ethical way. As corporations adopt ESG it seems a lot of the talk seems to be focused around hiring quotas.

vertis 4y ago

It's not really an ESL problem, that's an acronym that seems US specific in it's usage.

__d 4y ago
FWIW, it's widely understood in Australia as well.
- vertis 4y ago
  Is it? I lived in Australia for 80% of my life and never heard it. That's not impossible of course, but it's not like I was uninvolved in those topics. Either way it's still not an second language thing. It's a using acronyms without definition thing.
  - __d 4y ago
    Well, unless that 80% has overlapped with the last 5 years, you'll have missed it. But anyone who reads company annual reports (eg. for personal investing), or the financial bits of a newspaper (online or otherwise), or even reads their annual superannuation statement, would very likely have seen the term used (in OZ).
    - vertis 4y ago
      I've been gone for about 4 years, and admittedly don't read many company annual reports (and my super balance I get in a more digital upate). I haven't really seen it crop up in the online stuff I read (some of it Australian financial), but I can see how it would be easy to miss as well.
  - ThePadawan 4y ago
    FYI I was mostly trying to be funny throwing around TLAs to show OP that not everyone on HN is based in the USA.
    - deleted 4y ago
      [deleted]
    - vertis 4y ago
      Woosh!

inawarminister 4y ago

ESG = Environmentally Sustainable Governance, AKA a certain set of standards of investment on public firms. There are many activist funds and investment managers on the world nowadays. Another, maybe more infamous example is the Sharia-complaint stock grouping, which bans alcohol, tobacco, military industry, pork, and the sex industry. Yes I have some investment in the latter indices.