Episode 57: Understanding "ESG" - The Faulty Social Credit Score for Corporate America - with Haley Kennington
The Prevailing Narrative with Matt Bilinsky
00:00
The Relationship Between Corporate Ethics and Social Justice
Haley Kennington: You cannot explain the entirety of corporations embracing social justice or progressive values just by ESG with BlackRock and Vanguard. Connor Friedersdorf: It's also, it's kind of combined with some of those incentives from the private investor community in the banks. And there's a lot of companies with ESG scores that are low that do incredibly well in the public markets have shown great stock performance for Tesla, for instance.
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