Re:Companies with good ESG scores pollute as much as low-rat...
by eli on Wednesday August 02, 2023 @06:35PM
(#36978739)
Corporate Knights is a free insert in newspapers that gives out a bunch of awards. They are not a fund manager and to my knowledge are not used by fund managers.
In any event they’re talking about board member diversity, not company employees.
https://www.linkedin.com/pulse/whats-esg-score-how-calculate....
“There are several organizations and rating agencies that calculate ESG score”
“Corporate Knights: Corporate Knights is a media and research company that publishes an annual ranking of the world's most sustainable corporations. Their methodology evaluates companies based on a range of ESG factors, including carbon productivity, diversity and inclusion, and clean revenue.”
From the Corporate Knights website itself:
“All publicly-traded companies with over US$1 billion in revenue are assessed across 25 key performance indicators, including % sustainable revenue, % sustainable investment, % taxes paid, carbon productivity, and racial and gender diversity.”