2min chapter

The Prevailing Narrative with Matt Bilinsky cover image

Episode 57: Understanding "ESG" - The Faulty Social Credit Score for Corporate America - with Haley Kennington

The Prevailing Narrative with Matt Bilinsky

CHAPTER

The Evolution of ESG Scores

These ESG scores will get some more specifics about what they actually are in just a moment but they're supposed to measure generally and they originated strictly around environmental concerns. So it's more of almost like a trend and I think they'll probably fall out of this because we're seeing a lot of backlash from consumers who aren't interested in that kind of thing. The corporations, but with them it's more about the investors. They're not doing any of the social stuff that they are pushing for the consumer base or even their own base. This is more about pleasing the investors and their bottom line.

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