Companies with good ESG scores pollute as much as low-rated rivals

Re:Companies with good ESG scores pollute as much as low-rat... by Zigurd on Wednesday August 02, 2023 @02:19PM (#36974757)

It could be "a bunch of,,, window-dressing compared to the core concern of what a company is selling yet somehow that never makes it into the ESG metric."

That, however, is the easy part. It's obvious BP is Big Oil. Or that cigarette companies sell poison. Or that gun makers' lobbyists have made the US a needlessly dangerous place. A gun made out of recycled materials is still, obviously, a gun. An ESG score just tells you whether they aren't racist sexist scum, too.

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Re:Companies with good ESG scores pollute as much as low-rat... by epicureanideal on Wednesday August 02, 2023 @02:22PM (#36974795)

> An ESG score just tells you whether they aren't racist sexist scum, too.

Or that the direction of their sexism and racism goes in the scorer’s approved direction.

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Re:Companies with good ESG scores pollute as much as low-rat... by zarathustreal on Wednesday August 02, 2023 @02:26PM (#36974857)

100% this. Also, before we could even begin to score -isms we'd have to give them a concrete definition and that would obviate the need for a third-party to score them.

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Re:Companies with good ESG scores pollute as much as low-rat... by zarathustreal on Wednesday August 02, 2023 @02:23PM (#36974822)

If you think ESG scoring indicates anything about the culture of a company I've got a bridge to sell you

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Re:Companies with good ESG scores pollute as much as low-rat... by jquery on Wednesday August 02, 2023 @09:52PM (#36980404)

Well, they nailed the fact that Tesla is hell to work for, I'll give them that.

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