Proponents of ESG see business as a type of social welfare organization

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Editorial | Proponents of “Environment, Social and Governance” see business as a type of social welfare organization

 

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Why Tesla Was Kicked Out of the S&P 500's ESG IndexThe S&P says it kicked Tesla off its ESG index due to the company's 'lack of a low-carbon strategy' and 'codes of business conduct,' along with racism and poor working conditions reported at its factory in Fremont. Now they’re just making up stuff to cover up their blatant bias.
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Elon Musk Goes On The Attack After Tesla Cut From S&P ESG IndexThe world’s leading maker of electric vehicles has been cut from S&P’s index for environmentally conscious investors due to flaws in its business conduct and, ironically, low-carbon strategy. DemocraticDaisy DemocraticDaisy Wow! Musk has gone full-on MAGA! He doesn't like what S&P has to say,so, of course, he whines 'It's a Scam'! How Trumpy of him!
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Tesla removed from S&P 500's ESG index; Musk respondsFactors that contributed to Tesla's lower score include its lack of 'low carbon energy and codes of business conduct.' In other words....not supporting the 'official narrative'...a political hit job. Not that this 'ESG Index' means a whole lot...bunch of virtue signalling, nothing more.
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Tesla dumped by S&P ESG index and Musk cries label is a ‘scam’“While Tesla may be playing its part in taking fuel-powered cars off the road, it has fallen behind its peers when examined through a wider ESG lens,” said Margaret Dorn, senior director and head of ESG indices, North America, at S&P Dow Jones Indices. Funny how stories like this pop up once these guys don't follow your thinking. Common theme in the wild. When rich white guys get exposed they blame others for their problems.
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Elon Musk Goes On The Attack After Tesla Cut From S&P ESG IndexThe world’s leading maker of electric vehicles has been cut from S&P’s index for environmentally conscious investors due to flaws in its business conduct and, ironically, low-carbon strategy. alanohnsman Exxon is in, but Telsa out? Kind of reminds me when Saudi Arabia was included in the UN's Human Rights Commission. alanohnsman What happens in a 2nd fed tightening folks....auto industry gets sold off...and Tesla is not in energy sector, tech sector, it´s in consumer cyclical. It´s not really any science or art, to know it was far too risky, exploding on stimulus while people locked at home on youtube
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Elon Musk loses $12 billion in a day as he tweets politics, slams ESGHe’s lost $49 billion since launching his bid for Twitter last month.
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