The Importance of Transparency

There is no DEI or ESG in China. Even for global firms like BlackRock that offer investment funds and buy shares in Chinese companies, they don't apply ESG over there. The Scope 3 emissions cap that Chevron was forced to adopt in 2021 was effectively one that says not only does Chevron have to reduce its own emissions. But guess who's buying up those projects? Petro China on the other side of the world. It's not a secret because it's publicly known, but not a lot of people are aware of it. This isn't just a big public company thing. If you're a small business owner, you want to pay attention to this.