Never forget that RJ Reynolds has a near-perfect ESG score: https://investors.reynoldsconsumerproducts.com/static-files/...

Can you give some context why do you thing that a company that sell aluminium foil and storage bags is fundamentally bad ?

RJ Reynolds is a tobacco company.

EDIT: Never mind. I see that the previous poster had confused the two and linked to the consumer products company, not the tobacco company.

The link was wrong, but the fact is right. The tobacco company parent also has a high ESG rating.

https://news.ycombinator.com/item?id=35274139

Nestle is also at the top of most ESG indices.

Wow. Yeah. It’s not just moral or societal, I guess. It’s also is influenced by $$$$

Why is this being downvoted if the fact is true? There are so many other high ESG scores like SVB and FTX and even countries like Sri Lanka (went bankrupt as well) that it has become an indicator like Jim Cramer. Every rating system will be gamed if there are incentives for it and be turned into a farce. Just like bombing countries to the stone ages for “human rights”, “liberation” and “democracy”. All code words for genocide and massacres.

The British Empire, a “democracy”, used to invade countries for slave trading. Then when slavery was made illegal it then invaded countries under the guise of stopping slavery!

Because he can't make the difference between a consumer product company and a tobacco company ?

Because it isn't true - Reynolds Consumer Products is not the same company as RJ Reynolds. (They were apparently founded by relatives though!)

The link was wrong but the fact is right. The tobacco company owner also has a high ESG rating.

https://news.ycombinator.com/item?id=35274139

That's the foil company, not the tobacco company.

This is probably the link you meant to post:

"Reynolds American parent BAT named third-highest rated ESG performer in global ranking"

https://www.prnewswire.com/news-releases/reynolds-american-p...

ESG as a concept is fucked. Creating a scale for each of E, S or G is challenging. Adding a mixing methodology on top is insane. How many tonnes of carbon is a separate CEO/chairmanship worth? Is child labor four or five times worse than super-voting stock?