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A comment on Companies with good ESG scores pollute as much as low-rated rivals. Parent comment

Re:Companies with good ESG scores pollute as much as low-rat... by robocat on Wednesday August 02, 2023 @05:33PM (#36977899)
A good description would be “over-fitting”.
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Re:Companies with good ESG scores pollute as much as low-rat... by nomel on Wednesday August 02, 2023 @05:43PM (#36978046)
I'm not sure that fits, since it might imply it's not intentional.

I think these companies are simply, explicitly, optimizing directly for ESG, for maximum gain, without regards to the "spirit" of ESG. They're rational actors. Why wouldn't they? Just like with taxes, it would be silly to not use the loopholes.

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