ESG for You and Me

Is ESG a useful tool in analyzing companies?

IMO ESG is pure green-washing/feel-good investing. The ESG rating agencies are nontransparent with their methodologies and are completely unregulated, so I’m pretty skeptical of it all. Also, as far as I’m aware there hasn’t been any empirical reduction in carbon emissions since the whole ESG movement has gained steam, so the most easily measured component falls short.

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And some firms are very clever about their greenwashing. Sounds like Tesla not as smart as Exxon in that regard.

And here I am, disappointed that this isn’t a discussion about how people use economic scenario generators to inform investment decisions.

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