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ESG stands for Environmental, Social and Governance. This is often called sustainability. In a business context, sustainability is about the company's business model, i.e. how its products and services contribute to sustainable development.
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The Gore, Kerry, Greta avalanche of ‘sustainability issues’ has far outpaced the reality of so-called CO2 caused global warming.
The so-called projected-Armageddon and the proposed solutions are Not proportional to the cause-effect relationships particularly given the large long-term impacts of being in an InterGlacial Period since 1750, the latest in an earth-cyclic-climate pattern.
http://roanokeslant.blogspot.com/2023/08/its-warm-hello-we-are-in-interglacial.html
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Apparently major US Corporations are adjusting their plans and investments in the so called ‘sustainability entities’ exercising their own financial risk-reward judgments instead of defaulting to others.
http://roanokeslant.blogspot.com/2022/04/are-we-living-responsibly-in-our.html
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Financial giants JPMorgan Chase and State Street pull assets from ESG group
Wall Street giants quit largest climate investor group in fresh blow to green investing push - Washington Times
Two of the world’s largest financial institutions cut ties Thursday with Climate Action 100+, delivering the latest setback to the world’s biggest coalition of investors pressuring corporations to ditch fossil fuel assets.
The asset management arms of JPMorgan Chase and State Street dropped out of Climate Action 100+, home to more than 700 investment firms totaling $68 trillion in assets under management.
BlackRock, the world’s largest asset manager, with more than $10 trillion in assets, distanced its U.S.-based operations from Climate Action 100+ by transferring its membership to BlackRock International.
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Thermal Armageddon Or Yet Another InterGlacial?
http://roanokeslant.blogspot.com/2023/07/thermal-armageddon-or-yet-another.html
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