Oh good grief. Now ESG is supposed to be a sinister conspiracy?

[bjurasz]

@MarkR

The other interesting thing that I heard was the use of “ESG” as a verb, literally “can you ESG it?” in reference to some sort of investment vehicle. Apparently some of the consulting companies also advised about how to structure something existing such that it might pass the ESG filters.

How often have we seen this? Green washing. The .dot.com debacle. Something-something-as-a-service. Recently everything was .ai.

[steve203]

@bjurasz

How often have we seen this? Green washing. The .dot.com debacle. Something-something-as-a-service. Recently everything was .ai.

The most prevalent: use of “up” as a verb. Bubblevision “Blathermaster upped estimates”.

Steve

[DrBob2]

Businesses Must Focus On Fundamental Performance, Not Just ESG

According to data from Morningstar, investors withdrew $2.7 billion from ESG funds in Q3 2023, marking the fourth consecutive quarter of outflows from these investments. The Wall Street Journal reports that in 2023 investors have pulled out more than $14B from sustainable funds.

DB2