This Week in Startups

ESG fraud, Stripe & Reddit markdowns, Remote productivity + DroneUp Founder Tom Walker | E1473

Jun 2, 2022
Tom Walker, CEO of DroneUp, shares insights on the company's partnership with Walmart to revolutionize drone delivery. He addresses the complex regulatory landscape and the paramount importance of safety in this innovative sector. The discussion also dives into the impact of Deutsche Bank's greenwashing scandal, Fidelity's markdown of investments, and the ongoing debate around remote work productivity as companies reconsider in-office requirements.
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ANECDOTE

Deutsche Bank Raid

  • Deutsche Bank was raided for allegedly advertising sustainable investment funds fraudulently.
  • This happened amidst increased scrutiny on ESG investing and reporting.
INSIGHT

ESG Investing Challenges

  • ESG (Environmental, Social, and Governance) investing has good intentions but seems flawed in execution.
  • The combination of environmental, social, and governance factors creates confusion.
INSIGHT

ESG: Who Benefits?

  • Current ESG regulations seem to benefit lawyers, accountants, and consultants the most.
  • Companies like Exxon, known for environmental impact, gaming the ESG system highlights its flaws.
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