Re:Big Money Starts to Dump Stocks That Pose Climate Risks
by ac29 on Monday August 12, 2019 @12:19PM
(#20676863)
The S in ESG actually stands for social, not sustainable. Tobacco and guns are arguably detrimental to society.
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Re:Big Money Starts to Dump Stocks That Pose Climate Risks
by tristor on Monday August 12, 2019 @01:59PM
(#20678075)
Ah, well that helps explain their motivations. It is a bit odd though that they are still holding major companies that have significant negative environmental and social impacts though. At some level, it's just virtue signalling with no meat. Either you care enough to divest your holdings in significant polluters, or you don't.