Morning Wire Social Credit Scores Revealed & Total Solar Eclipse | 4.6.24
Apr 6, 2024
Discover the unsettling rise of personal ESG scores and their potential impact on your financial future. Learn about the spike in random violent attacks in New York City, especially targeting women, and the unsettling public safety concerns that arise. Delve into high-profile incidents involving male actors that shed light on crime rates and bail reform effects. Finally, gear up for the total solar eclipse on April 8th, exploring safety tips and the breathtaking experience of totality—it’s a celestial event you won’t want to miss!
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ESG Scores for Individuals
- Some investment firms assign ESG scores to individuals and small businesses, mirroring China's social credit system.
- These scores consider factors like investment choices, purchase history, and even car type, influencing lending, hiring, and promotion opportunities.
Merrill Lynch ESG Scoring
- Merrill Lynch assigns personal ESG scores to customers, impacting investment decisions.
- Higher scores go to clients who invest in companies prioritizing social goals like climate change and diversity.
ESG and Lending
- Lenders shouldn't solely rely on credit history; ESG scores based on purchases and lifestyle should also be considered.
- Individuals with high ESG scores gain advantages in employment, partnerships, investments, and corporate opportunities.