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Re:Companies with good ESG scores pollute as much as low-rat... by gitfan86 on Wednesday August 02, 2023 @07:15PM (#36979185)
ESG is such a obvious scam. It would be like this:

Wife: Have you been cheating on me?

Husband: Lets check my APS score.

Wife: What?

Husband: Adultery, Pushups and Soccer Watching score. Looks like I'm in the 1% of husbands as calculated by the experts. So I don't think you have anything to worry about.

Re:Companies with good ESG scores pollute as much as low-rat... by Ygg2 on Wednesday August 02, 2023 @07:53PM (#36979509)
Just offset CO2 emissions by hiring more diverse staff from New York.

Brilliant!

How come Fossil fuel industry never thought of that?

Re:Companies with good ESG scores pollute as much as low-rat... by foderking on Wednesday August 02, 2023 @08:32PM (#36979805)
lmfao
Re:Companies with good ESG scores pollute as much as low-rat... by RcouF1uZ4gsC on Wednesday August 02, 2023 @09:32PM (#36980249)
Actually, they did

https://www.investors.com/news/esg-companies-list-top-100-es...

ConocoPhillips and Exxon Mobil are one the list along with a trucking company at number 2 and various other oil companies.

Re:Companies with good ESG scores pollute as much as low-rat... by ornornor on Thursday August 03, 2023 @12:59AM (#36981562)
In the same vein, a major bottled water (plastic bottles) company (Volvic) draining local water sources is a B-Corp where I live… So is Nespresso.
Re:Companies with good ESG scores pollute as much as low-rat... by atonse on Thursday August 03, 2023 @09:49AM (#36985883)
Here’s a funny thing, if oil companies technically powered their refineries with renewable energy, would they be some of the most green companies out there?
Re:Companies with good ESG scores pollute as much as low-rat... by smfjaw on Wednesday August 02, 2023 @08:36PM (#36979837)
offset your cheating (emmissions) by buying adultery (carbon) credits
Re:Companies with good ESG scores pollute as much as low-rat... by btilly on Wednesday August 02, 2023 @10:36PM (#36980715)
I think that those credits are called "flowers".

I'm only halfway joking. A lot of people do try to address their guilt over bad behavior by doing nice things. And a lot of people who receive those nice things don't want to think about why they are being treated well. The easiest person to scam is the one who wants to believe the scam. And any kind of credit program will attract people who want to believe.

Re:Companies with good ESG scores pollute as much as low-rat... by seattle_spring on Thursday August 03, 2023 @01:15AM (#36981668)
Yikes, I sure hope my wife doesn't suspect foul play every time I do something nice for her.
Re:Companies with good ESG scores pollute as much as low-rat... by totetsu on Thursday August 03, 2023 @01:53AM (#36981914)
Some times they are called "cricket tournaments". Its not about addressing guilt, its about manufacturing social license to operate and the the bad things.

https://oilnow.gy/featured/exxonmobil-guyana-has-invested-ne...

Re:Companies with good ESG scores pollute as much as low-rat... by clarionbell on Thursday August 03, 2023 @03:01AM (#36982326)
I've seen a comedy show about that. Husband buys flowers "just because" and the wife starts crying uncontrollably, convinced he's cheating on her. Because there is no way he's just nice.

The kicker is he literally just wanted to be nice to her. While the other men in the family were trying to convince him that it's a bad idea.

Re:Companies with good ESG scores pollute as much as low-rat... by lobocinza on Thursday August 03, 2023 @06:50PM (#36993158)
The secret is to always be nice she will never suspect.
Re:Companies with good ESG scores pollute as much as low-rat... by seltzered_ on Wednesday August 02, 2023 @10:01PM (#36980454)
There's been essays written around that framing, such as this one ('ESG Data is Like Less Wife Beating ', 2019): https://www.blorrainesmith.com/single-post/esg-data-is-like-...

The same author has moved towards proposing 'matereality' assessments in a different way: https://www.blorrainesmith.com/single-post/when-materiality-...

There's also groups advocating for alternatives to ESG, such as https://www.r3-0.org/

Re:Companies with good ESG scores pollute as much as low-rat... by throwawaylinux on Wednesday August 02, 2023 @10:01PM (#36980459)
It's a thinly veiled signal that a corporation will not act out against the status quo, and in return they will have protection.

The sad thing is they have scientifically captured and subverted mainstream activism, which for a while around 50-60 years ago emerged as what appeared to be their biggest threat. You can "resist" the state of things all you like, but you're not allowed to say anything about corporations that traffic arms to 3rd world countries because they tweet out BLM logos and rainbow flags now and again. And you have to resist by supporting mainstream political parties and politicians who have been around for decades and are definitely not complicit or responsible for what you are resisting.

Re:Companies with good ESG scores pollute as much as low-rat... by gitfan86 on Thursday August 03, 2023 @09:23AM (#36985539)
Right, but it seems to work for them.

Plenty of people believe that it is better to buy a gas powered Subaru instead of a Tesla because Elon doesn't support cluster bombing European farmland.