2 ms·
I think it's a shame that ESG/DEI/etc all got lumped in together by the culture warriors on various ends of the spectrum. It makes logical sense that a business
by zelias 2y ago
I think it's a shame that ESG/DEI/etc all got lumped in together by the culture warriors on various ends of the spectrum. It makes logical sense that a business that acts responsibly vis-a-vis its environmental externalities would generate greater value in the long run (whether because they've avoided fines, or reduced the negative externalities, or whatever) [0]. I don't think we'd have as much of this climate backtracking if the "E" had been kept separate from the "S" and the "G". Unfortunately, now it's all been lumped together as part of the never ending culture war. Shame.
[0] This doesn't speak to the problem of "greenwashing" investments, but that's a different thread imo.