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| Government Corruption |
| MOB shakedown of corporate America |
| 2022-07-25 |
| [ET] Even if you’re not yet familiar with the term ESG rating, it’s shaping your world. ESG, or environmental, social, and governance, is a three-prong set of criteria used by the investment community to score how devoted companies are to pursuing ESG goals. |
| Posted by:Besoeker |
| #5 To the extent that I pay any attention to ESG ratings - which isn't much -- I see them as a measure of how likely it is that a Democratic administration will screw with this company's revenue stream. So a company with a "bad" environmental rating has a risk of the EPA's thumb in the pie that a company with a "good" environmental rating doesn't. One problem though, is that the ratings are inherently biased against companies that actually make stuff. Alcoa, for example, is never going to have an environmental rating as good as the spreadsheet psychopaths over at Blackrock. |
| Posted by: Matt 2022-07-25 20:15 |
| #4 Peterson: Message to CEOs |
| Posted by: KBK 2022-07-25 19:24 |
| #3 Show me a corporate board that puts ESG ahead of profitability and I'll show you a company in demise |
| Posted by: Frank G 2022-07-25 08:40 |
| #2 They learned from the best. The Rev. Al and Rev Jesse shakedown process lives on as a Science now. |
| Posted by: NN2N1 2022-07-25 07:20 |
| #1 Money spent on ESG isn’t available to invest in profitability. Best use of ESG ratings is as an inverse measure of how well a firm will do financially and invest accordingly |
| Posted by: Slenter Panda4300 2022-07-25 06:24 |